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Aruba Networks Inc. (ARUN) CFO Michael M Galvin sells 4,048 Shares

Dec 28, 2011 | About:
insider
insider
CFO of Aruba Networks Inc. (ARUN) Michael M Galvin sells 4,048 shares of ARUN on 12/16/2011 at an average price of $18.56 a share.

Aruba Networks Inc. has a market cap of $1.92 billion; its shares were traded at around $18.13 with a P/E ratio of 1813 and P/S ratio of 4.9.

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


CEO Recent Trades:


  • President and CEO Dominic P Orr sold 13,300 shares of ARUN stock on 09/26/2011 at the average price of 22.24. Dominic P Orr owns at least 1,785,804 shares after this. The price of the stock has decreased by 18.48% since.
  • President and CEO Dominic P Orr sold 25,896 shares of ARUN stock on 09/16/2011 at the average price of 20.38. Dominic P Orr owns at least 1,785,804 shares after this. The price of the stock has decreased by 11.04% since.
  • President and CEO Dominic P Orr sold 12,700 shares of ARUN stock on 08/29/2011 at the average price of 21.2. Dominic P Orr owns at least 1,785,676 shares after this. The price of the stock has decreased by 14.48% since.
  • President and CEO Dominic P Orr sold 12,700 shares of ARUN stock on 08/15/2011 at the average price of 22.38. Dominic P Orr owns at least 1,785,676 shares after this. The price of the stock has decreased by 18.99% since.
  • President and CEO Dominic P Orr sold 12,700 shares of ARUN stock on 08/01/2011 at the average price of 22.71. Dominic P Orr owns at least 1,785,676 shares after this. The price of the stock has decreased by 20.17% since.

CFO Recent Trades:


  • CFO Michael M Galvin sold 3,125 shares of ARUN stock on 12/01/2011 at the average price of 20.83. Michael M Galvin owns at least 264,262 shares after this. The price of the stock has decreased by 12.96% since.
  • CFO Michael M Galvin sold 7,759 shares of ARUN stock on 09/20/2011 at the average price of 20.36. Michael M Galvin owns at least 75,656 shares after this. The price of the stock has decreased by 10.95% since.
  • CFO Michael M Galvin sold 3,993 shares of ARUN stock on 09/02/2011 at the average price of 20.94. Michael M Galvin owns at least 78,757 shares after this. The price of the stock has decreased by 13.42% since.

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




Directors and Officers Recent Trades:


  • Director Douglas M Leone bought 660,069 shares of ARUN stock on 09/22/2011 at the average price of 19.44. Douglas M Leone owns at least 293,068 shares after this. The price of the stock has decreased by 6.74% since.
  • Director Douglas M Leone bought 351,931 shares of ARUN stock on 09/21/2011 at the average price of 20.25. Douglas M Leone owns at least 265,213 shares after this. The price of the stock has decreased by 10.47% since.
  • Director Michael R Kourey sold 7,500 shares of ARUN stock on 12/01/2011 at the average price of 20.71. The price of the stock has decreased by 12.46% since.
  • COO Hitesh Sheth sold 20,000 shares of ARUN stock on 12/01/2011 at the average price of 20.84. Hitesh Sheth owns at least 77,897 shares after this. The price of the stock has decreased by 13% since.
  • Chief Strategy Officer Keerti Melkote sold 50,000 shares of ARUN stock on 12/01/2011 at the average price of 20.72. Keerti Melkote owns at least 1,234,312 shares after this. The price of the stock has decreased by 12.5% since.


For the complete insider trading history of ARUN, 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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