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Tellabs Inc. (TLAB) Chairman of the Board Michael J Birck sells 100,000 Shares

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Nov. 12, 2009 | Filed Under: TLAB


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Chairman of the Board of Tellabs Inc. (TLAB) Michael J Birck sells 100,000 shares of TLAB on 11/09/2009 at an average price of $6.15 a share.

Tellabs helps the world's leading communications service providers build tomorrow's converged networks of voice, data and video. Tellabs employees design, build and service optical networking, broadband access and next-generation switching equipment. (Company Press Release) Tellabs Inc. has a market cap of $2.4 billion; its shares were traded at around $6.05 with a P/E ratio of 20.2 and P/S ratio of 1.4.

TLAB is in the portfolios of Third Avenue Management, Martin Whitman of Third Avenue Value Fund, HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, George Soros of Soros Fund Management LLC.

Insiders' Positions with TLAB


  • Sell:: EVP & CFO Timothy J Wiggins sold 15,937 shares of TLAB stock on 09/21/2009 at the average price of 7.5, the price of the stock has decreased by 19.33% since

  • Sell:: EVP & CFO Timothy J Wiggins sold 20,000 shares of TLAB stock on 08/03/2009 at the average price of 5.81, the price of the stock has increased by 4.13% since


Insiders' Positions with TLAB


  • Sell:: EVP, Global Sales & Services Roger J Heinz sold 1,000 shares of TLAB stock on 11/02/2009 at the average price of 5.99, the price of the stock has increased by 1% since

  • Sell:: EVP, Global Sales & Services Roger J Heinz sold 1,000 shares of TLAB stock on 10/01/2009 at the average price of 6.88, the price of the stock has decreased by 12.06% since

  • Sell:: EVP, General Counsel & CAO James M Sheehan sold 5,000 shares of TLAB stock on 09/11/2009 at the average price of 7, the price of the stock has decreased by 13.57% since

  • Sell:: Chairman of the Board Michael J Birck sold 3,000,000 shares of TLAB stock on 08/19/2009 at the average price of 6.37, the price of the stock has decreased by 5.02% since

  • Sell:: EVP, Global Products Daniel Kelly sold 17,638 shares of TLAB stock on 08/07/2009 at the average price of 6, the price of the stock has increased by 0.83% since






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