CEO & President of Daktronics Inc. (DAKT) James B Morgan sells 9,000 shares of DAKT on 06/28/2010 at an average price of $7.96 a share.

Daktronics Inc. has a market cap of $321.9 million; its shares were traded at around $7.84 with and P/S ratio of 0.8. The dividend yield of Daktronics Inc. stocks is 1.3%. Daktronics Inc. had an annual average earning growth of 16.9% over the past 10 years. GuruFocus rated Daktronics Inc. the business predictability rank of 3.5-star.

DAKT is in the portfolios of Bill Frels of Mairs & Power Inc. , Paul Tudor Jones of The Tudor Group, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

This is the annual revenues and earnings per share of DAKT over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of DAKT.

CEO Recent Trades:

• Sell: CEO & President James B Morgan sold 15,000 shares of DAKT stock on 06/22/2010 at the average price of 8.35. James B Morgan owns at least 1,439,984 shares after this. The price of the stock has decreased by 6.11% since.


• Sell: CEO & President James B Morgan sold 5,000 shares of DAKT stock on 03/29/2010 at the average price of 7.81. James B Morgan owns at least 1,413,430 shares after this. The price of the stock has increased by 0.38% since.


• Sell: CEO & President James B Morgan sold 6,000 shares of DAKT stock on 03/23/2010 at the average price of 8. James B Morgan owns at least 1,418,430 shares after this. The price of the stock has decreased by 2% since.


• Sell: CEO & President James B Morgan sold 9,000 shares of DAKT stock on 03/22/2010 at the average price of 7.94. James B Morgan owns at least 1,424,430 shares after this. The price of the stock has decreased by 1.26% since.


• Sell: CEO & President James B Morgan sold 5,000 shares of DAKT stock on 03/16/2010 at the average price of 8.26. James B Morgan owns at least 1,433,430 shares after this. The price of the stock has decreased by 5.08% since.

This is the insider trade history vs. stock price of DAKT. For the complete insider trading history of DAKT, click here.

Directors and Officers Recent Trades:

• Sell: Director Duane E Sander sold 20,000 shares of DAKT stock on 06/28/2010 at the average price of 7.74. Duane E Sander owns at least 836,078 shares after this. The price of the stock has increased by 1.29% since.


• Sell: Director Duane E Sander sold 10,000 shares of DAKT stock on 06/24/2010 at the average price of 7.78. Duane E Sander owns at least 856,078 shares after this. The price of the stock has increased by 0.77% since.


• Sell: Director Duane E Sander sold 10,000 shares of DAKT stock on 06/22/2010 at the average price of 8.33. Duane E Sander owns at least 866,078 shares after this. The price of the stock has decreased by 5.88% since.


• Sell: Director James A Vellenga sold 3,000 shares of DAKT stock on 06/21/2010 at the average price of 8.24. James A Vellenga owns at least 30,413 shares after this. The price of the stock has decreased by 4.85% since.


• Sell: Director Duane E Sander sold 10,000 shares of DAKT stock on 06/18/2010 at the average price of 8.49. Duane E Sander owns at least 876,078 shares after this. The price of the stock has decreased by 7.66% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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