CEO of Meru Networks Inc. (MERU) Hakima Ihab Abu sells 10,000 shares of MERU on 04/20/2011 at an average price of $16.63 a share.

Meru Networks Inc. has a market cap of $296.8 million; its shares were traded at around $17.34 with and P/S ratio of 3.4.

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

CEO Recent Trades:

• Sell: CEO Hakima Ihab Abu sold 10,000 shares of MERU stock on 03/18/2011 at the average price of 20.99. Hakima Ihab Abu owns at least 9,900 shares after this. The price of the stock has decreased by 17.39% since.
• Sell: CEO Hakima Ihab Abu sold 10,000 shares of MERU stock on 02/17/2011 at the average price of 24.96. Hakima Ihab Abu owns at least 9,900 shares after this. The price of the stock has decreased by 30.53% since.
• 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 decreased by 8.64% 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 16.53% 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 24.75% since.

CFO Recent Trades:

• Sell: CFO Brett T White sold 15,231 shares of MERU stock on 03/22/2011 at the average price of 20.57. The price of the stock has decreased by 15.7% since.
• Sell: CFO Brett T White sold 61,305 shares of MERU stock on 03/18/2011 at the average price of 20.7. The price of the stock has decreased by 16.23% since.

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

Directors and Officers Recent Trades:

• Sell: Chief Technical Officer Vaduvur Bharghavan sold 11,869 shares of MERU stock on 04/15/2011 at the average price of 16.41. The price of the stock has increased by 5.67% since.
• Sell: SVP of Corp Dev & Strategy Kamal Anand sold 8,500 shares of MERU stock on 04/14/2011 at the average price of 15.28. Kamal Anand owns at least 27,436 shares after this. The price of the stock has increased by 13.48% since.
• Sell: Chief Technical Officer Vaduvur Bharghavan sold 24,107 shares of MERU stock on 03/15/2011 at the average price of 20.48. The price of the stock has decreased by 15.33% since.
• Sell: Chief Technical Officer Vaduvur Bharghavan sold 24,107 shares of MERU stock on 02/15/2011 at the average price of 21.21. The price of the stock has decreased by 18.25% 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 decreased by 13.73% since.

For the complete insider trading history of MERU, 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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