President & CEO of Smith Micro Software Inc. (SMSI) William W Jr Smith sells 51,298 shares of SMSI on 12/08/2010 at an average price of $15.16 a share.

Smith Micro Software Inc. has a market cap of $520 million; its shares were traded at around $15.17 with a P/E ratio of 27 and P/S ratio of 4.8.

SMSI is in the portfolios of Chuck Royce of Royce& Associates, Jeremy Grantham of GMO LLC.

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

CEO Recent Trades:

• Sell: President & CEO William W Jr Smith sold 48,702 shares of SMSI stock on 12/01/2010 at the average price of 15.37. William W Jr Smith owns at least 1,908,413 shares after this. The price of the stock has decreased by 1.3% since.


• Sell: President & CEO William W Jr Smith sold 78,754 shares of SMSI stock on 10/07/2010 at the average price of 10.08. William W Jr Smith owns at least 1,957,115 shares after this. The price of the stock has increased by 50.5% since.


• Sell: President & CEO William W Jr Smith sold 121,246 shares of SMSI stock on 10/05/2010 at the average price of 10.09. William W Jr Smith owns at least 2,035,869 shares after this. The price of the stock has increased by 50.35% since.

CFO Recent Trades:

• Sell: CFO Andrew C Schmidt sold 25,000 shares of SMSI stock on 11/08/2010 at the average price of 15.18. Andrew C Schmidt owns at least 184,304 shares after this. The price of the stock has decreased by 0.07% since.

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

Directors and Officers Recent Trades:

• Sell: CTO David P Sperling sold 15,000 shares of SMSI stock on 12/07/2010 at the average price of 14.76. David P Sperling owns at least 143,105 shares after this. The price of the stock has increased by 2.78% since.


• Sell: Director Thomas G Campbell sold 5,000 shares of SMSI stock on 12/01/2010 at the average price of 15.2. Thomas G Campbell owns at least 6,500 shares after this. The price of the stock has decreased by 0.2% since.


• Sell: Director Ted L Hoffman sold 10,000 shares of SMSI stock on 12/01/2010 at the average price of 15.17. Ted L Hoffman owns at least 47,500 shares after this. The price of the stock has decreased by 0% since.


• Sell: EVP - Productivity & Graphics Jonathan Kahn sold 20,000 shares of SMSI stock on 12/01/2010 at the average price of 15.01. Jonathan Kahn owns at least 155,036 shares after this. The price of the stock has increased by 1.07% since.


• Sell: CTO David P Sperling sold 25,000 shares of SMSI stock on 11/09/2010 at the average price of 15.01. David P Sperling owns at least 158,105 shares after this. The price of the stock has increased by 1.07% 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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