Chairman and CEO of Sonic Foundry Inc. (SOFO) Rimas Buinevicius sells 1,500 shares of SOFO on 02/16/2011 at an average price of $15.8 a share.

Sonic Foundry Inc. has a market cap of $57.9 million; its shares were traded at around $15.9 with a P/E ratio of 144.6 and P/S ratio of 2.8.

Hedge Fund Gurus that owns SOFO: Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell: Chairman and CEO Rimas Buinevicius sold 1,500 shares of SOFO stock on 02/11/2011 at the average price of 15.08. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has increased by 5.44% since.


• Sell: Chairman and CEO Rimas Buinevicius sold 2,000 shares of SOFO stock on 02/07/2011 at the average price of 14.76. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has increased by 7.72% since.


• Sell: Chairman and CEO Rimas Buinevicius sold 1,500 shares of SOFO stock on 02/02/2011 at the average price of 14.79. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has increased by 7.51% since.


• Sell: Chairman and CEO Rimas Buinevicius sold 1,000 shares of SOFO stock on 01/27/2011 at the average price of 14.57. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has increased by 9.13% since.


• Sell: Chairman and CEO Rimas Buinevicius sold 1,500 shares of SOFO stock on 01/25/2011 at the average price of 14.45. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has increased by 10.03% since.

CFO Recent Trades:

• Sell: CFO Kenneth A Minor sold 594 shares of SOFO stock on 02/14/2011 at the average price of 15.9. Kenneth A Minor owns at least 13,399 shares after this. The price of the stock has decreased by 0% since.


• Sell: CFO Kenneth A Minor sold 1,050 shares of SOFO stock on 12/10/2010 at the average price of 13.59. Kenneth A Minor owns at least 13,399 shares after this. The price of the stock has increased by 17% since.


• Sell: CFO Kenneth A Minor sold 1,050 shares of SOFO stock on 12/09/2010 at the average price of 13.64. Kenneth A Minor owns at least 13,399 shares after this. The price of the stock has increased by 16.57% since.

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

Directors and Officers Recent Trades:

• Buy: Director Mark D Burish bought 15,000 shares of SOFO stock on 12/17/2010 at the average price of 13.73. Mark D Burish owns at least 115,000 shares after this. The price of the stock has increased by 15.8% since.


• Sell: Director David Kleinman sold 800 shares of SOFO stock on 12/10/2010 at the average price of 13.53. David Kleinman owns at least 3,000 shares after this. The price of the stock has increased by 17.52% since.


• Sell: Chief Technology Officer, 10% Owner Monty Schmidt sold 4,900 shares of SOFO stock on 12/10/2010 at the average price of 13.54. Monty Schmidt owns at least 315,313 shares after this. The price of the stock has increased by 17.43% since.


• Sell: Director David Kleinman sold 1,600 shares of SOFO stock on 12/09/2010 at the average price of 13.55. David Kleinman owns at least 3,000 shares after this. The price of the stock has increased by 17.34% since.


• Sell: Chief Technology Officer, 10% Owner Monty Schmidt sold 100 shares of SOFO stock on 12/09/2010 at the average price of 13.5. Monty Schmidt owns at least 315,313 shares after this. The price of the stock has increased by 17.78% since.

For the complete insider trading history of SOFO, click here.

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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