Sonic Foundry Inc. (SOFO) CFO Kenneth A Minor buys 3,750 Shares

CFO of Sonic Foundry Inc. (SOFO) Kenneth A Minor buys 3,750 shares of SOFO on 11/23/2011 at an average price of $7.36 a share.

Sonic Foundry Inc. has a market cap of $26.92 million; its shares were traded at around $7.06 with a P/E ratio of 100.86 and P/S ratio of 1.07.

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

CEO Recent Trades:

• CEO Gary Weis bought 1,421 shares of SOFO stock on 08/22/2011 at the average price of 11.49. Gary Weis owns at least 9,400 shares after this. The price of the stock has decreased by 38.56% since.
• CEO Gary Weis bought 3,039 shares of SOFO stock on 08/09/2011 at the average price of 11.98. Gary Weis owns at least 7,979 shares after this. The price of the stock has decreased by 41.07% since.
• CEO Gary Weis bought 140 shares of SOFO stock on 06/15/2011 at the average price of 12.75. Gary Weis owns at least 4,940 shares after this. The price of the stock has decreased by 44.63% since.

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

Directors and Officers Recent Trades:

• Director Mark D Burish bought 10,000 shares of SOFO stock on 08/05/2011 at the average price of 12.4. Mark D Burish owns at least 134,994 shares after this. The price of the stock has decreased by 43.06% since.
• Chairman & Strategy Officer Rimas Buinevicius sold 970 shares of SOFO stock on 08/02/2011 at the average price of 13.03. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has decreased by 45.82% since.
• Chairman & Strategy Officer Rimas Buinevicius sold 3,730 shares of SOFO stock on 08/01/2011 at the average price of 13.01. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has decreased by 45.73% since.
• Chairman & Strategy Officer Rimas Buinevicius sold 1,000 shares of SOFO stock on 07/14/2011 at the average price of 13.12. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has decreased by 46.19% since.
• Chairman & Strategy Officer Rimas Buinevicius sold 1,800 shares of SOFO stock on 07/12/2011 at the average price of 13.09. Rimas Buinevicius owns at least 150,245 shares after this. The price of the stock has decreased by 46.07% since.

For the complete insider trading history of SOFO, 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