Meru Networks Inc. (MERU) CEO Hakima Ihab Abu sells 10,000 Shares

CEO of Meru Networks Inc. (MERU, Financial) Hakima Ihab Abu sells 10,000 shares of MERU on 02/17/2011 at an average price of $24.96 a share.

Meru Networks Inc. has a market cap of $401.2 million; its shares were traded at around $24.99 with and P/S ratio of 4.7.

CEO Recent Trades:

  • Sell: CEO Hakima Ihab Abu sold 10,000 shares of MERU stock on 01/18/2011 at the average price of 18.98. Hakima Ihab Abu owns at least 9,900 shares after this. The price of the stock has increased by 31.66% since.

  • Sell: CEO Hakima Ihab Abu sold 39,000 shares of MERU stock on 12/30/2010 at the average price of 14.88. The price of the stock has increased by 67.94% since.

  • Sell: CEO Hakima Ihab Abu sold 24,000 shares of MERU stock on 12/20/2010 at the average price of 13.9. The price of the stock has increased by 79.78% since.



Directors and Officers Recent Trades:

  • Sell: SVP of Marketing Ram V Appalaraju sold 17,144 shares of MERU stock on 02/11/2011 at the average price of 20.52. The price of the stock has increased by 21.78% since.

  • Sell: VP and General Counsel Richard Mosher sold 1,500 shares of MERU stock on 02/11/2011 at the average price of 20.1. The price of the stock has increased by 24.33% since.

  • Sell: Chief Technical Officer Vaduvur Bharghavan sold 24,107 shares of MERU stock on 01/18/2011 at the average price of 18.98. The price of the stock has increased by 31.66% since.

  • Sell: SVP of Corp Dev & Strategy Kamal Anand sold 22,927 shares of MERU stock on 01/12/2011 at the average price of 18.03. Kamal Anand owns at least 27,436 shares after this. The price of the stock has increased by 38.6% since.

  • Sell: Chief Technical Officer Vaduvur Bharghavan sold 30,000 shares of MERU stock on 01/11/2011 at the average price of 18.25. The price of the stock has increased by 36.93% since.




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