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TIBCO Software Inc. (TIBX) EVP, COO Murray D Rode sells 150,000 Shares

September 30, 2010 | About:
insider

insider

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EVP, COO of TIBCO Software Inc. (TIBX) Murray D Rode sells 150,000 shares of TIBX on 09/28/2010 at an average price of $18.22 a share.

Tibco Software Inc. has a market cap of $2.91 billion; its shares were traded at around $17.74 with a P/E ratio of 33.5 and P/S ratio of 4.6. Tibco Software Inc. had an annual average earning growth of 10.7% over the past 5 years.

TIBX is in the portfolios of Private Capital of Private Capital Management, Pioneer Investments, Bruce Kovner of Caxton Associates, George Soros of Soros Fund Management LLC, Kenneth Fisher of Fisher Asset Management, LLC, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC.

CFO Recent Trades:


  • Sell: EVP, CFO Sydney Carey sold 5,000 shares of TIBX stock on 07/26/2010 at the average price of 14.08. Sydney Carey owns at least 114,914 shares after this. The price of the stock has increased by 25.99% since.

  • Sell: EVP, CFO Sydney Carey sold 10,000 shares of TIBX stock on 07/13/2010 at the average price of 12.95. Sydney Carey owns at least 114,914 shares after this. The price of the stock has increased by 36.99% since.

  • Sell: EVP, CFO Sydney Carey sold 42,500 shares of TIBX stock on 04/05/2010 at the average price of 10.9. Sydney Carey owns at least 101,020 shares after this. The price of the stock has increased by 62.75% since.



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




Directors and Officers Recent Trades:


  • Sell: EVP, Products & Engineering Thomas J Laffey sold 196,167 shares of TIBX stock on 09/28/2010 at the average price of 18.03. Thomas J Laffey owns at least 161,612 shares after this. The price of the stock has decreased by 1.61% since.

  • Sell: VP Corp Contrl & Princ Acc Off Troy Mitchell sold 9,000 shares of TIBX stock on 08/02/2010 at the average price of 13.99. Troy Mitchell owns at least 27,526 shares after this. The price of the stock has increased by 26.8% since.

  • Sell: VP Corp Contrl & Princ Acc Off Troy Mitchell sold 18,000 shares of TIBX stock on 07/22/2010 at the average price of 13.45. Troy Mitchell owns at least 27,208 shares after this. The price of the stock has increased by 31.9% since.

  • Sell: EVP, WW Marketing Rammohan G Menon sold 43,125 shares of TIBX stock on 07/22/2010 at the average price of 13.55. Rammohan G Menon owns at least 106,018 shares after this. The price of the stock has increased by 30.92% since.

  • Sell: EVP, Gen Counsel & Secretary William R Hughes sold 6,750 shares of TIBX stock on 07/19/2010 at the average price of 12.8. William R Hughes owns at least 117,794 shares after this. The price of the stock has increased by 38.59% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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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