President & CEO of BroadSoft Inc. (BSFT) Michael Tessler sells 23,200 shares of BSFT on 08/17/2012 at an average price of $38.59 a share.

Broadsoft Inc has a market cap of $1.05 billion; its shares were traded at around $39.11 with a P/E ratio of 38.7 and P/S ratio of 7.6.

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

CEO Recent Trades:

• President & CEO Michael Tessler sold 20,528 shares of BSFT stock on 08/07/2012 at the average price of 36. Michael Tessler owns at least 200,762 shares after this. The price of the stock has increased by 8.64% since.
• President & CEO Michael Tessler sold 10,000 shares of BSFT stock on 04/16/2012 at the average price of 40.54. Michael Tessler owns at least 215,573 shares after this. The price of the stock has decreased by 3.53% since.
• President & CEO Michael Tessler sold 10,661 shares of BSFT stock on 03/15/2012 at the average price of 39.53. Michael Tessler owns at least 215,573 shares after this. The price of the stock has decreased by 1.06% since.
• President & CEO Michael Tessler sold 10,000 shares of BSFT stock on 03/09/2012 at the average price of 36.27. Michael Tessler owns at least 216,027 shares after this. The price of the stock has increased by 7.83% since.

CFO Recent Trades:

• CFO James Albert Tholen sold 3,000 shares of BSFT stock on 08/13/2012 at the average price of 38.04. James Albert Tholen owns at least 58,179 shares after this. The price of the stock has increased by 2.81% since.
• CFO James Albert Tholen sold 23,320 shares of BSFT stock on 08/09/2012 at the average price of 38.46. James Albert Tholen owns at least 58,767 shares after this. The price of the stock has increased by 1.69% since.
• CFO James Albert Tholen sold 3,473 shares of BSFT stock on 07/12/2012 at the average price of 22.89. James Albert Tholen owns at least 82,087 shares after this. The price of the stock has increased by 70.86% since.
• CFO James Albert Tholen sold 4,000 shares of BSFT stock on 06/12/2012 at the average price of 26.23. James Albert Tholen owns at least 85,867 shares after this. The price of the stock has increased by 49.1% since.
• CFO James Albert Tholen sold 4,000 shares of BSFT stock on 05/14/2012 at the average price of 28.59. James Albert Tholen owns at least 89,867 shares after this. The price of the stock has increased by 36.8% since.

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

Directors and Officers Recent Trades:

• Director John D. Jr. Markley sold 2,500 shares of BSFT stock on 08/16/2012 at the average price of 38.72. John D. Jr. Markley owns at least 15,208 shares after this. The price of the stock has increased by 1.01% since.
• Chief Technology Officer Scott D. Hoffpauir sold 10,400 shares of BSFT stock on 08/10/2012 at the average price of 38.08. Scott D. Hoffpauir owns at least 174,639 shares after this. The price of the stock has increased by 2.7% since.
• Director John D. Jr. Markley sold 2,500 shares of BSFT stock on 08/10/2012 at the average price of 38.22. John D. Jr. Markley owns at least 17,708 shares after this. The price of the stock has increased by 2.33% since.
• Chief Technology Officer Scott D. Hoffpauir sold 16,000 shares of BSFT stock on 05/10/2012 at the average price of 30.4. Scott D. Hoffpauir owns at least 185,893 shares after this. The price of the stock has increased by 28.65% since.
• Chief Technology Officer Scott D. Hoffpauir sold 16,000 shares of BSFT stock on 04/10/2012 at the average price of 38.91. Scott D. Hoffpauir owns at least 202,383 shares after this. The price of the stock has increased by 0.51% since.

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

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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