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Riverbed Technology Inc. (RVBD) CFO Randy Gottfried sells 20,000 Shares

Feb 10, 2012 | About:
insider
insider
CFO of Riverbed Technology Inc. (RVBD) Randy Gottfried sells 20,000 shares of RVBD on 02/08/2012 at an average price of $27.62 a share.

Riverbed Technology Inc. has a market cap of $4.27 billion; its shares were traded at around $27.67 with a P/E ratio of 59.9 and P/S ratio of 5.9.

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 02/02/2012 at the average price of 24.87. Jerry M Kennelly owns at least 4,570,056 shares after this. The price of the stock has increased by 11.26% since.
  • 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 increased by 9.85% 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 6.08% 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 increased by 4.26% 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 increased by 11.17% 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 increased by 7.79% 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 2.47% 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 4.32% 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 14.62% 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:


  • Exec. VP,Marketing & Bus. Dev. Eric Wolford sold 30,000 shares of RVBD stock on 02/06/2012 at the average price of 27.1. Eric Wolford owns at least 384,774 shares after this. The price of the stock has increased by 2.1% since.
  • 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 15.87% 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 increased by 2.03% 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 increased by 8.98% 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 13.36% 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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