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Support.com Inc. (SPRT) CEO Joshua Pickus buys 7,975 Shares

Nov 29, 2011 | About:
insider
insider
President & CEO of Support.com Inc. (SPRT) Joshua Pickus buys 7,975 shares of SPRT on 11/29/2011 at an average price of $1.87 a share.

Support.com Inc. has a market cap of $90.7 million; its shares were traded at around $1.87 with and P/S ratio of 2.1.

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


CEO Recent Trades:


  • President & CEO Joshua Pickus bought 10,000 shares of SPRT stock on 08/01/2011 at the average price of 3.31. Joshua Pickus owns at least 59,400 shares after this. The price of the stock has decreased by 43.5% since.

CFO Recent Trades:


  • EVP CFO Shelly B. Schaffer bought 5,000 shares of SPRT stock on 08/01/2011 at the average price of 3.32. Shelly B. Schaffer owns at least 6,000 shares after this. The price of the stock has decreased by 43.67% since.

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




Directors and Officers Recent Trades:


  • EVP COO Anthony J Rodio bought 1,500 shares of SPRT stock on 08/01/2011 at the average price of 3.28. Anthony J Rodio owns at least 1,500 shares after this. The price of the stock has decreased by 42.99% since.
  • Director Jim Stephens bought 10,000 shares of SPRT stock on 08/01/2011 at the average price of 3.35. Jim Stephens owns at least 10,000 shares after this. The price of the stock has decreased by 44.18% since.


For the complete insider trading history of SPRT, 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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