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Saba Software Inc. (SABA) CEO & Chairman of the Board Babak Yazdani sells 52,483 Shares

Oct 12, 2011 | About:
insider
insider
CEO & Chairman of the Board of Saba Software Inc. (SABA) Babak Yazdani sells 52,483 shares of SABA on 10/12/2011 at an average price of $6.32 a share.

Saba Software Inc. has a market cap of $193.4 million; its shares were traded at around $6.59 with and P/S ratio of 1.6.

CFO Recent Trades:


  • CFO William Slater sold 83,498 shares of SABA stock on 10/11/2011 at the average price of 6.16. William Slater owns at least 14,749 shares after this. The price of the stock has increased by 6.98% since.
  • CFO William Slater sold 8,250 shares of SABA stock on 08/11/2011 at the average price of 6.65. William Slater owns at least 14,749 shares after this. The price of the stock has decreased by 0.9% since.
  • CFO William Slater sold 20,100 shares of SABA stock on 08/02/2011 at the average price of 7.94. William Slater owns at least 14,749 shares after this. The price of the stock has decreased by 17% since.

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




Directors and Officers Recent Trades:


  • Exec VP Corporate Development Peter E Williams Iii sold 20,000 shares of SABA stock on 04/21/2011 at the average price of 9.82. Peter E Williams Iii owns at least 151,289 shares after this. The price of the stock has decreased by 32.89% since.


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

Tickers in the article:

  • 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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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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