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Riverbed Technology Inc. (RVBD) Chairman and CEO Jerry M Kennelly sells 133,332 Shares

Feb 03, 2012 | About:
insider
insider
Chairman and CEO of Riverbed Technology Inc. (RVBD) Jerry M Kennelly sells 133,332 shares of RVBD on 02/02/2012 at an average price of $24.87 a share.

Riverbed Technology Inc. has a market cap of $3.85 billion; its shares were traded at around $24.845 with a P/E ratio of 54.1 and P/S ratio of 5.3.

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


CEO Recent Trades:


  • Chairman and CEO Jerry M Kennelly sold 133,332 shares of RVBD stock on 11/30/2011 at the average price of 25.19. Jerry M Kennelly owns at least 5,006,145 shares after this. The price of the stock has decreased by 1.37% since.
  • Chairman and CEO Jerry M Kennelly sold 33,334 shares of RVBD stock on 11/15/2011 at the average price of 29.46. Jerry M Kennelly owns at least 5,139,477 shares after this. The price of the stock has decreased by 15.67% since.
  • Chairman and CEO Jerry M Kennelly sold 133,332 shares of RVBD stock on 11/02/2011 at the average price of 26.54. Jerry M Kennelly owns at least 5,184,481 shares after this. The price of the stock has decreased by 6.39% since.
  • Chairman and CEO Jerry M Kennelly sold 133,332 shares of RVBD stock on 08/31/2011 at the average price of 24.89. Jerry M Kennelly owns at least 5,317,813 shares after this. The price of the stock has decreased by 0.18% since.
  • Chairman and CEO Jerry M Kennelly sold 33,334 shares of RVBD stock on 08/15/2011 at the average price of 25.88. Jerry M Kennelly owns at least 5,451,145 shares after this. The price of the stock has decreased by 4% since.

CFO Recent Trades:


  • CFO Randy Gottfried sold 20,000 shares of RVBD stock on 11/30/2011 at the average price of 25.67. Randy Gottfried owns at least 438,139 shares after this. The price of the stock has decreased by 3.21% since.
  • CFO Randy Gottfried sold 20,000 shares of RVBD stock on 11/10/2011 at the average price of 28.37. Randy Gottfried owns at least 442,807 shares after this. The price of the stock has decreased by 12.43% since.
  • CFO Randy Gottfried sold 20,000 shares of RVBD stock on 11/03/2011 at the average price of 28.92. Randy Gottfried owns at least 442,807 shares after this. The price of the stock has decreased by 14.09% since.
  • CFO Randy Gottfried sold 20,000 shares of RVBD stock on 09/07/2011 at the average price of 24.14. Randy Gottfried owns at least 442,807 shares after this. The price of the stock has increased by 2.92% since.
  • CFO Randy Gottfried sold 10,000 shares of RVBD stock on 08/10/2011 at the average price of 23.47. Randy Gottfried owns at least 442,807 shares after this. The price of the stock has increased by 5.86% since.

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




Directors and Officers Recent Trades:


  • Director Michael R Kourey sold 10,000 shares of RVBD stock on 01/31/2012 at the average price of 23.88. Michael R Kourey owns at least 11,012 shares after this. The price of the stock has increased by 4.04% since.
  • Chief Technology Officer Steven Mccanne sold 100,000 shares of RVBD stock on 12/06/2011 at the average price of 27.12. Steven Mccanne owns at least 5,097,340 shares after this. The price of the stock has decreased by 8.39% since.
  • Chief Technology Officer Steven Mccanne sold 100,000 shares of RVBD stock on 11/30/2011 at the average price of 25.39. Steven Mccanne owns at least 5,197,340 shares after this. The price of the stock has decreased by 2.15% since.
  • Exec. VP,Marketing & Bus. Dev. Eric Wolford sold 30,000 shares of RVBD stock on 11/21/2011 at the average price of 24.41. Eric Wolford owns at least 454,130 shares after this. The price of the stock has increased by 1.78% since.
  • Chief Technology Officer Steven Mccanne sold 10,664 shares of RVBD stock on 11/16/2011 at the average price of 29.05. Steven Mccanne owns at least 5,297,340 shares after this. The price of the stock has decreased by 14.48% since.


For the complete insider trading history of RVBD, 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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