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Pandora Media (P) CTO, EVP Product Thomas Conrad sells 38,096 Shares

Feb 03, 2012 | About:
insider
insider
CTO, EVP Product of Pandora Media (P) Thomas Conrad sells 38,096 shares of P on 02/01/2012 at an average price of $13 a share.

Pandora Media has a market cap of $2.23 billion; its shares were traded at around $13.81 with and P/S ratio of 16.1.

CFO Recent Trades:


  • CFO Steven Cakebread sold 40,000 shares of P stock on 01/03/2012 at the average price of 9.98. The price of the stock has increased by 38.38% since.

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




Directors and Officers Recent Trades:


  • EVP, Bus. & Corp. Development Jessica D Steel sold 18,260 shares of P stock on 01/24/2012 at the average price of 12.99. Jessica D Steel owns at least 71,025 shares after this. The price of the stock has increased by 6.31% since.
  • CTO, EVP Product Thomas Conrad sold 38,096 shares of P stock on 01/17/2012 at the average price of 12.05. Thomas Conrad owns at least 39,800 shares after this. The price of the stock has increased by 14.61% since.
  • General Counsel, Secretary Delida Costin sold 24,000 shares of P stock on 01/17/2012 at the average price of 12.05. The price of the stock has increased by 14.61% since.
  • EVP, Bus. & Corp. Development Jessica D Steel sold 18,260 shares of P stock on 01/09/2012 at the average price of 10.24. Jessica D Steel owns at least 71,025 shares after this. The price of the stock has increased by 34.86% since.
  • Chief Strategy Off & Director Timothy Westergren sold 85,000 shares of P stock on 01/03/2012 at the average price of 9.97. Timothy Westergren owns at least 2,809,991 shares after this. The price of the stock has increased by 38.52% since.


For the complete insider trading history of P, click here.

Tickers in the article:

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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