CFO of Clearwire Corp. (CLWR) Erik Prusch sells 6,544 shares of CLWR on 01/05/2011 at an average price of $5.28 a share.

Clearwire Corp. has a market cap of $5.26 billion; its shares were traded at around $5.33 with and P/S ratio of 19.1.

CLWR is in the portfolios of Larry Robbins of Glenview Capital, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors, Mario Gabelli of GAMCO Investors, Pioneer Investments.

CFO Recent Trades:

• Sell: CFO Erik Prusch sold 10,000 shares of CLWR stock on 12/28/2010 at the average price of 5.16. Erik Prusch owns at least 244,947 shares after this. The price of the stock has increased by 3.29% since.


• Sell: CFO Erik Prusch sold 10,000 shares of CLWR stock on 12/21/2010 at the average price of 5.02. Erik Prusch owns at least 254,947 shares after this. The price of the stock has increased by 6.18% since.


• Sell: CFO Erik Prusch sold 10,000 shares of CLWR stock on 12/14/2010 at the average price of 5.94. Erik Prusch owns at least 264,947 shares after this. The price of the stock has decreased by 10.27% since.


• Sell: CFO Erik Prusch sold 13,456 shares of CLWR stock on 09/01/2010 at the average price of 6.59. Erik Prusch owns at least 224,947 shares after this. The price of the stock has decreased by 19.12% since.

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

Directors and Officers Recent Trades:

• Sell: SVP, Gen. Counsel & Secretary Broady R Hodder sold 3,500 shares of CLWR stock on 11/22/2010 at the average price of 7.33. Broady R Hodder owns at least 150,886 shares after this. The price of the stock has decreased by 27.29% since.


• Sell: Sr VP, Finance & Treasurer Hope F Cochran sold 5,000 shares of CLWR stock on 11/15/2010 at the average price of 6.46. Hope F Cochran owns at least 104,728 shares after this. The price of the stock has decreased by 17.49% since.


• Sell: SVP & Chief Technology Officer John Saw sold 90,143 shares of CLWR stock on 11/08/2010 at the average price of 6.62. John Saw owns at least 276,617 shares after this. The price of the stock has decreased by 19.49% since.


• Sell: Sr VP, Finance & Treasurer Hope F Cochran sold 5,000 shares of CLWR stock on 10/15/2010 at the average price of 7.04. Hope F Cochran owns at least 109,728 shares after this. The price of the stock has decreased by 24.29% since.


• Sell: SVP, Gen. Counsel & Secretary Broady R Hodder sold 3,500 shares of CLWR stock on 10/05/2010 at the average price of 7.72. Broady R Hodder owns at least 154,386 shares after this. The price of the stock has decreased by 30.96% 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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