Free 7-day Trial
All Articles and Columns »

Synchronoss Technologies Inc. (SNCR) CEO and Chairman Stephen G Waldis sells 40,000 Shares

Jan 20, 2012 | About:
insider
insider
CEO and Chairman of Synchronoss Technologies Inc. (SNCR) Stephen G Waldis sells 40,000 shares of SNCR on 01/19/2012 at an average price of $30.92 a share.

Synchronoss Technologies Inc. has a market cap of $1.19 billion; its shares were traded at around $31.17 with a P/E ratio of 63.5 and P/S ratio of 7.2.

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


CEO Recent Trades:


  • President and CEO Stephen G Waldis sold 40,000 shares of SNCR stock on 12/15/2011 at the average price of 29.03. Stephen G Waldis owns at least 1,123,601 shares after this. The price of the stock has increased by 7.37% since.
  • President and CEO Stephen G Waldis sold 40,000 shares of SNCR stock on 11/17/2011 at the average price of 30.67. Stephen G Waldis owns at least 1,163,601 shares after this. The price of the stock has increased by 1.63% since.
  • President and CEO Stephen G Waldis sold 40,000 shares of SNCR stock on 10/20/2011 at the average price of 28.69. Stephen G Waldis owns at least 1,203,601 shares after this. The price of the stock has increased by 8.64% since.
  • President and CEO Stephen G Waldis sold 20,000 shares of SNCR stock on 08/03/2011 at the average price of 34.14. Stephen G Waldis owns at least 1,243,601 shares after this. The price of the stock has decreased by 8.7% since.

CFO Recent Trades:


  • CFO Lawrence R. Irving sold 10,000 shares of SNCR stock on 12/29/2011 at the average price of 30.45. Lawrence R. Irving owns at least 131,481 shares after this. The price of the stock has increased by 2.36% since.
  • CFO Lawrence R. Irving sold 11,350 shares of SNCR stock on 12/07/2011 at the average price of 30.24. Lawrence R. Irving owns at least 141,481 shares after this. The price of the stock has increased by 3.08% since.
  • CFO Lawrence R. Irving sold 11,350 shares of SNCR stock on 11/08/2011 at the average price of 31.25. Lawrence R. Irving owns at least 141,481 shares after this. The price of the stock has decreased by 0.26% since.
  • CFO Lawrence R. Irving sold 11,352 shares of SNCR stock on 10/13/2011 at the average price of 25.87. Lawrence R. Irving owns at least 141,481 shares after this. The price of the stock has increased by 20.49% since.
  • CFO Lawrence R. Irving sold 11,000 shares of SNCR stock on 09/16/2011 at the average price of 27.2. Lawrence R. Irving owns at least 141,481 shares after this. The price of the stock has increased by 14.6% since.

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




Directors and Officers Recent Trades:


  • Vice President Ronald Prague sold 4,100 shares of SNCR stock on 01/12/2012 at the average price of 30. Ronald Prague owns at least 9,063 shares after this. The price of the stock has increased by 3.9% since.
  • EVP & Chief Technology Office Patrick Joseph Doran sold 4,508 shares of SNCR stock on 01/09/2012 at the average price of 28.62. Patrick Joseph Doran owns at least 17,065 shares after this. The price of the stock has increased by 8.91% since.
  • Executive Vice President Paula J Hilbert sold 5,000 shares of SNCR stock on 01/03/2012 at the average price of 30.93. Paula J Hilbert owns at least 20,000 shares after this. The price of the stock has increased by 0.78% since.
  • Executive Vice President Robert Garcia sold 11,286 shares of SNCR stock on 12/14/2011 at the average price of 27.98. Robert Garcia owns at least 33,907 shares after this. The price of the stock has increased by 11.4% since.
  • EVP & Chief Technology Office Patrick Joseph Doran sold 5,456 shares of SNCR stock on 12/01/2011 at the average price of 29.61. Patrick Joseph Doran owns at least 13,660 shares after this. The price of the stock has increased by 5.27% since.


For the complete insider trading history of SNCR, 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.

» Take a Free Trial of Premium Membership

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


Rate this article:

Rating: 2.3/5 (4 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial