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Transcept Pharmaceuticals Inc. (TSPT) SVP, Operations and CFO Thomas P Soloway sells 13,600 Shares

Nov 28, 2011 | About:
insider
insider
SVP, Operations and CFO of Transcept Pharmaceuticals Inc. (TSPT) Thomas P Soloway sells 13,600 shares of TSPT on 11/23/2011 at an average price of $7.87 a share.

Transcept Pharmaceuticals Inc. has a market cap of $93.98 million; its shares were traded at around $6.95 with and P/S ratio of 7.52.

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


CEO Recent Trades:


  • President and CEO Glenn A Oclassen bought 20,000 shares of TSPT stock on 09/19/2011 at the average price of 5.8. Glenn A Oclassen owns at least 384,257 shares after this. The price of the stock has increased by 19.83% since.
  • President and CEO Glenn A Oclassen bought 30,000 shares of TSPT stock on 08/11/2011 at the average price of 2.82. Glenn A Oclassen owns at least 364,257 shares after this.

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




Directors and Officers Recent Trades:


  • Director Frederick J Ruegsegger bought 15,000 shares of TSPT stock on 09/13/2011 at the average price of 2.86. Frederick J Ruegsegger owns at least 15,000 shares after this.
  • Leaf Ventures I, L.p. New sold 245,062 shares of TSPT stock on 07/19/2011 at the average price of 4.47. Leaf Ventures I, L.p. New owns at least 1,181,967 shares after this. The price of the stock has increased by 55.48% since.
  • 10% Owner Leaf Ventures I, L.p. New sold 209,953 shares of TSPT stock on 07/14/2011 at the average price of 4.98. Leaf Ventures I, L.p. New owns at least 1,427,029 shares after this. The price of the stock has increased by 39.56% since.
  • VP, Finance Marilyn E Wortzman sold 4,000 shares of TSPT stock on 06/15/2011 at the average price of 10.11. Marilyn E Wortzman owns at least 217 shares after this. The price of the stock has decreased by 31.26% since.


For the complete insider trading history of TSPT, 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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