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

April 20, 2011 | About:

CEO of Meru Networks Inc. (NASDAQ: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.
  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Rating: 3.0/5 (2 votes)

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