On Aug. 13, 2012, Senior Vice President and CFO of Bankrate Inc. (NYSE:RATE) Edward J. Dimaria sold 107,177 shares at an average price of $19.27. The total transaction amount is $2,065,301.
In April 2006, DiMaria joined Bankrate. Before coming to Bankrate, DiMaria was the senior vice president and CFO of Official Payments Corporation and Best Friends Pet Care Inc.
On May 4, Director Bruce Nelson bought 1,093 shares of RATE stock at the average price of $20. Senior Vice President Business Development and Construction Marketing Michael Ricciardelli sold 50,000 shares of RATE stock on Aug. 9, 2012 at the average price of $19.33.
Bankrate Inc. reported thei 2012 second quarter financial results. The company reported revenues of $122.1 million and net income of $16.3 million.