SVP and CFO of Somaxon Pharmaceuticals Inc. (SOMX) Tran Nguyen sells 3,300 shares of SOMX on 04/12/2011 at an average price of $2.84 a share.

Somaxon Pharmaceuticals Inc. has a market cap of $129.3 million; its shares were traded at around $2.87 with and P/S ratio of 93.4.

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

CEO Recent Trades:

• Sell: President and CEO Richard W Pascoe sold 13,781 shares of SOMX stock on 12/01/2010 at the average price of 2.68. Richard W Pascoe owns at least 71,709 shares after this. The price of the stock has increased by 7.09% since.

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

Directors and Officers Recent Trades:

• Sell: Director Erle T Mast sold 5,000 shares of SOMX stock on 04/01/2011 at the average price of 2.81. Erle T Mast owns at least 41,630 shares after this. The price of the stock has increased by 2.14% since.
• Sell: Director Erle T Mast sold 10,000 shares of SOMX stock on 02/15/2011 at the average price of 3.01. Erle T Mast owns at least 46,630 shares after this. The price of the stock has decreased by 4.65% since.
• Sell: SVP, Chief Commercial Officer Jeffrey Raser sold 16,115 shares of SOMX stock on 01/06/2011 at the average price of 3.5. Jeffrey Raser owns at least 26,667 shares after this. The price of the stock has decreased by 18% since.
• Sell: Director Erle T Mast sold 10,000 shares of SOMX stock on 01/03/2011 at the average price of 3.23. Erle T Mast owns at least 56,630 shares after this. The price of the stock has decreased by 11.15% since.
• Sell: Director Kurt Von Emster sold 26,000 shares of SOMX stock on 12/02/2010 at the average price of 2.78. Kurt Von Emster owns at least 27,079 shares after this. The price of the stock has increased by 3.24% since.

For the complete insider trading history of SOMX, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool