Transcept Pharmaceuticals Inc. (TSPT) SVP, Operations and CFO Thomas P Soloway sells 62,670 Shares

SVP, Operations and CFO of Transcept Pharmaceuticals Inc. (TSPT) Thomas P Soloway sells 62,670 shares of TSPT on 12/01/2011 at an average price of $8.43 a share.

Transcept Pharmaceuticals Inc. has a market cap of $100.9 million; its shares were traded at around $7.45 with and P/S ratio of 8.1.

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 28.45% 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.

CFO Recent Trades:

• SVP, Operations and CFO Thomas P Soloway sold 13,600 shares of TSPT stock on 11/23/2011 at the average price of 7.87. Thomas P Soloway owns at least 20,833 shares after this. The price of the stock has decreased by 5.34% since.

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.
• VP and General Counsel Joseph T Kennedy sold 34,600 shares of TSPT stock on 11/23/2011 at the average price of 7.87. The price of the stock has decreased by 5.34% since.
• 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 66.67% 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 49.6% 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 26.31% since.

For the complete insider trading history of TSPT, 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

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