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BROCADE COMMUNICATIONS SYSTEMS, INC. (BRCD) CEO Michael Klayko sells 50,000 Shares

December 17, 2010 | About:
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insider

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CEO of BROCADE COMMUNICATIONS SYSTEMS, INC. (BRCD) Michael Klayko sells 50,000 shares of BRCD on 12/15/2010 at an average price of $5.31 a share.

Brocade Communications Systems, Inc. has a market cap of $2.41 billion; its shares were traded at around $5.32 with a P/E ratio of 14.9 and P/S ratio of 1.2. Brocade Communications Systems, Inc. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated Brocade Communications Systems, Inc. the business predictability rank of 2-star.

BRCD is in the portfolios of John Buckingham of Al Frank Asset Management, Inc., Richard Perry of Perry Capital, Steven Cohen of SAC Capital Advisors, NWQ Managers of NWQ Investment Management Co, Kenneth Fisher of Fisher Asset Management, LLC, Chuck Royce of Royce& Associates, Pioneer Investments, Richard Snow of Snow Capital Management, L.P., John Paulson of Paulson & Co., Louis Moore Bacon of Moore Capital Management, LP, PRIMECAP Management, Louis Moore Bacon of Moore Capital Management, LP, George Soros of Soros Fund Management LLC.


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




Directors and Officers Recent Trades:



  • Sell: VP, Corporate Development Tejinder Grewal sold 112,408 shares of BRCD stock on 11/05/2010 at the average price of 6.11. Tejinder Grewal owns at least 7,599 shares after this. The price of the stock has decreased by 12.93% since.
  • Sell: Director Renato A Dipentima sold 20,000 shares of BRCD stock on 09/27/2010 at the average price of 6.08. Renato A Dipentima owns at least 45,826 shares after this. The price of the stock has decreased by 12.5% since.
  • Sell: VP, Corporate Development Tejinder Grewal sold 65,007 shares of BRCD stock on 09/22/2010 at the average price of 6.2. The price of the stock has decreased by 14.19% since.
  • Sell: SVP, World Wide Sales Ian Edward Whiting sold 3,425 shares of BRCD stock on 06/22/2010 at the average price of 5.49. The price of the stock has decreased by 3.1% since.


  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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