Chairman and CEO of Riverbed Technology, Inc. (RVBD) Jerry M Kennelly sells 100,000 shares of RVBD on 11/16/2012 at an average price of $16.82 a share.

Riverbed Technology, Inc. has a market cap of $2.54 billion; its shares were traded at around $17.145 with a P/E ratio of 33.6 and P/S ratio of 3.5.

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 100,000 shares of RVBD stock on 11/16/2012 at the average price of 16.82. Jerry M Kennelly owns at least 3,903,354 shares after this. The price of the stock has increased by 1.93% since.
• Chairman and CEO Jerry M Kennelly sold 133,332 shares of RVBD stock on 11/02/2012 at the average price of 18.9. Jerry M Kennelly owns at least 3,903,354 shares after this. The price of the stock has decreased by 9.29% since.
• Chairman and CEO Jerry M Kennelly sold 133,332 shares of RVBD stock on 08/30/2012 at the average price of 20.22. Jerry M Kennelly owns at least 4,036,686 shares after this. The price of the stock has decreased by 15.21% since.
• Chairman and CEO Jerry M Kennelly sold 100,000 shares of RVBD stock on 08/16/2012 at the average price of 20.16. Jerry M Kennelly owns at least 4,170,018 shares after this. The price of the stock has decreased by 14.96% since.
• Chairman and CEO Jerry M Kennelly sold 133,332 shares of RVBD stock on 08/02/2012 at the average price of 17.45. Jerry M Kennelly owns at least 4,170,018 shares after this. The price of the stock has decreased by 1.75% since.

CFO Recent Trades:

• COO & CFO Randy Gottfried sold 20,000 shares of RVBD stock on 11/14/2012 at the average price of 17.53. Randy Gottfried owns at least 279,087 shares after this. The price of the stock has decreased by 2.2% since.
• COO & CFO Randy Gottfried sold 20,000 shares of RVBD stock on 11/07/2012 at the average price of 18.31. Randy Gottfried owns at least 299,087 shares after this. The price of the stock has decreased by 6.36% since.
• CFO Randy Gottfried sold 20,000 shares of RVBD stock on 08/29/2012 at the average price of 20.48. Randy Gottfried owns at least 319,087 shares after this. The price of the stock has decreased by 16.28% since.
• CFO Randy Gottfried sold 20,000 shares of RVBD stock on 06/06/2012 at the average price of 17.1. Randy Gottfried owns at least 319,087 shares after this. The price of the stock has increased by 0.26% 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:

• President,Products & Marketing Eric Wolford sold 74,963 shares of RVBD stock on 11/05/2012 at the average price of 18.93. Eric Wolford owns at least 297,273 shares after this. The price of the stock has decreased by 9.43% since.
• Director Michael R Kourey sold 10,000 shares of RVBD stock on 10/23/2012 at the average price of 23.48. Michael R Kourey owns at least 24,812 shares after this. The price of the stock has decreased by 26.98% since.
• Director James R Swartz sold 200,000 shares of RVBD stock on 09/13/2012 at the average price of 21.68. James R Swartz owns at least 579,906 shares after this. The price of the stock has decreased by 20.92% since.
• Director Michael Boustridge sold 6,000 shares of RVBD stock on 09/07/2012 at the average price of 21.62. Michael Boustridge owns at least 13,800 shares after this. The price of the stock has decreased by 20.7% since.
• Exec.V.P.,Gen.Mgr.Prod. Group Eric Wolford sold 25,000 shares of RVBD stock on 08/28/2012 at the average price of 20.4. Eric Wolford owns at least 353,939 shares after this. The price of the stock has decreased by 15.96% since.

For the complete insider trading history of RVBD, 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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