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inContact Inc. (saas) CFO Gregory S Ayers sells 60,000 Shares

September 24, 2012 | About:
insider

insider

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CFO of inContact Inc. (saas) Gregory S Ayers sells 60,000 shares of saas on 09/21/2012 at an average price of $6.25 a share.

Incontact Inc has a market cap of $326.38 million; its shares were traded at around $6.66 with and P/S ratio of 3.67.


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




Directors and Officers Recent Trades:


  • COO Scott Welch sold 11,938 shares of SAAS stock on 05/31/2012 at the average price of 5.2. The price of the stock has increased by 28.08% since.
  • COO Scott Welch sold 48,062 shares of SAAS stock on 05/24/2012 at the average price of 5.25. The price of the stock has increased by 26.86% since.
  • Executive VP of Sales Frank Daniel Maylett sold 800 shares of SAAS stock on 05/16/2012 at the average price of 5.3. The price of the stock has increased by 25.66% since.
  • Chief Marketing Officer Mariann M. Mcdonagh sold 99,999 shares of SAAS stock on 05/16/2012 at the average price of 5.1. The price of the stock has increased by 30.59% since.


For the complete insider trading history of saas, 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


Rating: 2.5/5 (2 votes)

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