TIBCO Software Inc. (TIBX) EVP, COO Murray D Rode sells 65,000 Shares

EVP, COO of TIBCO Software Inc. (TIBX) Murray D Rode sells 65,000 shares of TIBX on 01/10/2012 at an average price of $23.18 a share.

Tibco Software Inc. has a market cap of $4.01 billion; its shares were traded at around $24.31 with a P/E ratio of 30.1 and P/S ratio of 4.4. Tibco Software Inc. had an annual average earning growth of 23.5% over the past 5 years.

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

CEO Recent Trades:

• CEO Vivek Ranadive sold 230,000 shares of TIBX stock on 11/08/2011 at the average price of 28.69. Vivek Ranadive owns at least 7,505,983 shares after this. The price of the stock has decreased by 15.27% since.
• CEO Vivek Ranadive sold 1,500,000 shares of TIBX stock on 11/07/2011 at the average price of 28.61. Vivek Ranadive owns at least 6,735,983 shares after this. The price of the stock has decreased by 15.03% since.

CFO Recent Trades:

• EVP, CFO Sydney Carey sold 2,269 shares of TIBX stock on 10/13/2011 at the average price of 25.94. Sydney Carey owns at least 103,328 shares after this. The price of the stock has decreased by 6.28% since.

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

Directors and Officers Recent Trades:

• EVP, Global Field Opns Murat Sonmez sold 40,053 shares of TIBX stock on 10/27/2011 at the average price of 28.82. Murat Sonmez owns at least 122,370 shares after this. The price of the stock has decreased by 15.65% since.
• VP Corp Contrl & Princ Acc Off Troy Mitchell sold 1,178 shares of TIBX stock on 10/26/2011 at the average price of 27.29. Troy Mitchell owns at least 19,028 shares after this. The price of the stock has decreased by 10.92% since.
• EVP, WW Marketing Rammohan G Menon sold 43,000 shares of TIBX stock on 10/25/2011 at the average price of 27.82. Rammohan G Menon owns at least 71,143 shares after this. The price of the stock has decreased by 12.62% since.
• EVP, COO Murray D Rode sold 75,439 shares of TIBX stock on 10/21/2011 at the average price of 26.58. Murray D Rode owns at least 251,847 shares after this. The price of the stock has decreased by 8.54% since.
• EVP, Products & Engineering Thomas J Laffey sold 23,441 shares of TIBX stock on 10/20/2011 at the average price of 26.52. Thomas J Laffey owns at least 126,044 shares after this. The price of the stock has decreased by 8.33% since.

For the complete insider trading history of TIBX, 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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