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ServiceSource International Inc. (SREV) CFO David S Oppenheimer sells 48,140 Shares

February 09, 2012 | About:
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CFO of ServiceSource International Inc. (SREV) David S Oppenheimer sells 48,140 shares of SREV on 02/09/2012 at an average price of $16.54 a share.

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


CEO Recent Trades:


  • CEO & Chairman of the Board Michael A Smerklo sold 34,280 shares of SREV stock on 01/10/2012 at the average price of 15.33. Michael A Smerklo owns at least 398,580 shares after this.
  • CEO & Chairman of the Board Michael A Smerklo sold 34,280 shares of SREV stock on 12/14/2011 at the average price of 14.16. Michael A Smerklo owns at least 415,720 shares after this.
  • CEO & Chairman of the Board Michael A Smerklo sold 34,280 shares of SREV stock on 11/15/2011 at the average price of 13.73. Michael A Smerklo owns at least 432,860 shares after this.

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




Directors and Officers Recent Trades:


  • Chief Delivery Officer Robert John Sturgeon sold 50,000 shares of SREV stock on 01/19/2012 at the average price of 17.25.
  • SVP and General Counsel Paul Warenski sold 20,000 shares of SREV stock on 01/03/2012 at the average price of 16. Paul Warenski owns at least 15,000 shares after this.
  • Chief Marketing Officer Natalie A Mccullough sold 5,000 shares of SREV stock on 01/03/2012 at the average price of 16. Natalie A Mccullough owns at least 1,000 shares after this.
  • Chief Delivery Officer Robert John Sturgeon sold 13,000 shares of SREV stock on 12/28/2011 at the average price of 15.75.
  • EVP of Products Ganesh Bell sold 59,800 shares of SREV stock on 12/20/2011 at the average price of 15.23.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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