VirnetX Holding Corp. (VHC) CTO & CSO Robert D Iii Short sells 6,900 Shares

CTO & CSO of VirnetX Holding Corp. (VHC) Robert D Iii Short sells 6,900 shares of VHC on 12/13/2011 at an average price of $22.01 a share.

Virnetx Holding has a market cap of $1.05 billion; its shares were traded at around $21.02 with a P/E ratio of 86.6 and P/S ratio of 15437.8.

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

CEO Recent Trades:

• President & CEO, 10% Owner Kendall Larsen bought 1,500 shares of VHC stock on 08/31/2011 at the average price of 23.7. Kendall Larsen owns at least 8,766,400 shares after this. The price of the stock has decreased by 11.31% since.

CFO Recent Trades:

• CFO William E Sliney sold 100,000 shares of VHC stock on 08/30/2011 at the average price of 23.93. William E Sliney owns at least 5,161 shares after this. The price of the stock has decreased by 12.16% since.

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

Directors and Officers Recent Trades:

• CTO & CSO Robert D Short Iii sold 7,000 shares of VHC stock on 12/02/2011 at the average price of 22.01. Robert D Short Iii owns at least 42,000 shares after this. The price of the stock has decreased by 4.5% since.
• Director Scott C Taylor sold 10,000 shares of VHC stock on 11/15/2011 at the average price of 22.57. The price of the stock has decreased by 6.87% since.
• CTO & CSO Robert D Short Iii sold 9,030 shares of VHC stock on 11/15/2011 at the average price of 22.03. Robert D Short Iii owns at least 49,000 shares after this. The price of the stock has decreased by 4.58% since.
• CTO & CSO Robert D Short Iii sold 10,970 shares of VHC stock on 11/14/2011 at the average price of 22. Robert D Short Iii owns at least 49,000 shares after this. The price of the stock has decreased by 4.45% since.
• CTO & CSO Robert D Short Iii sold 34,000 shares of VHC stock on 11/02/2011 at the average price of 22.09. Robert D Short Iii owns at least 49,000 shares after this. The price of the stock has decreased by 4.84% since.

For the complete insider trading history of VHC, 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