President and CEO of PSS World Medical Inc. (PSSI) Gary A Corless sells 18,720 shares of PSSI on 06/29/2010 at an average price of $21.47 a share.

Pss World Medical Inc. has a market cap of $1.22 billion; its shares were traded at around $21.39 with a P/E ratio of 18.1 and P/S ratio of 0.6.

PSSI is in the portfolios of Columbia Wanger of Columbia Wanger Asset Management, Columbia Wanger of Columbia Wanger Asset Management, Steven Cohen of SAC Capital Advisors, Kenneth Fisher of Fisher Asset Management, LLC.

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

CEO Recent Trades:

• Sell: President and CEO Gary A Corless sold 6,216 shares of PSSI stock on 04/01/2010 at the average price of 23.67. Gary A Corless owns at least 104,443 shares after this. The price of the stock has decreased by 9.63% since.

CFO Recent Trades:

• Sell: Executive Vice President & CFO David M Bronson sold 40,000 shares of PSSI stock on 06/11/2010 at the average price of 22.42. David M Bronson owns at least 64,410 shares after this. The price of the stock has decreased by 4.59% since.

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

Directors and Officers Recent Trades:

• Buy: Director Alvin R Carpenter bought 5,000 shares of PSSI stock on 02/09/2010 at the average price of 19.32. Alvin R Carpenter owns at least 29,005 shares after this. The price of the stock has increased by 10.71% since.


• Sell: Director Melvin L Hecktman sold 10,230 shares of PSSI stock on 06/03/2010 at the average price of 23.28. Melvin L Hecktman owns at least 88,870 shares after this. The price of the stock has decreased by 8.12% since.


• Sell: President, GSMS Mark E Steele sold 1,327 shares of PSSI stock on 06/02/2010 at the average price of 22.73. Mark E Steele owns at least 21,095 shares after this. The price of the stock has decreased by 5.9% since.


• Sell: Sr. V.P. Operations Bradley J Hilton sold 8,039 shares of PSSI stock on 03/17/2010 at the average price of 23.5. Bradley J Hilton owns at least 56,984 shares after this. The price of the stock has decreased by 8.98% since.


• Sell: Director Delores P Kesler sold 17,384 shares of PSSI stock on 03/09/2010 at the average price of 22.12. Delores P Kesler owns at least 73,989 shares after this. The price of the stock has decreased by 3.3% 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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