CTO, EVP Product of Pandora Media Inc (P) Thomas Conrad sells 38,096 shares of P on 11/16/2012 at an average price of $7.25 a share.

Pandora Media Inc has a market cap of $1.21 billion; its shares were traded at around $7.51 with and P/S ratio of 4.4.

CFO Recent Trades:

• CFO Steven Cakebread sold 40,000 shares of P stock on 09/12/2012 at the average price of 9.76. The price of the stock has decreased by 23.05% since.
• CFO Steven Cakebread sold 40,000 shares of P stock on 08/01/2012 at the average price of 9.75. The price of the stock has decreased by 22.97% since.
• CFO Steven Cakebread sold 40,000 shares of P stock on 07/02/2012 at the average price of 10.73. The price of the stock has decreased by 30.01% since.
• CFO Steven Cakebread sold 40,000 shares of P stock on 06/01/2012 at the average price of 10.17. The price of the stock has decreased by 26.16% since.

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

Directors and Officers Recent Trades:

• Director Barry Mccarthy bought 45,000 shares of P stock on 05/30/2012 at the average price of 10.45. Barry Mccarthy owns at least 637,862 shares after this. The price of the stock has decreased by 28.13% since.
• CTO, EVP Product Thomas Conrad sold 38,096 shares of P stock on 11/16/2012 at the average price of 7.25. Thomas Conrad owns at least 39,800 shares after this. The price of the stock has increased by 3.59% since.
• CHIEF REVENUE OFFICER John Trimble sold 25,000 shares of P stock on 11/01/2012 at the average price of 8.4. The price of the stock has decreased by 10.6% since.
• CHIEF STRATEGY OFF & DIRECTOR Timothy Westergren sold 85,000 shares of P stock on 11/01/2012 at the average price of 8.41. Timothy Westergren owns at least 1,957,439 shares after this. The price of the stock has decreased by 10.7% since.
• Director Robert M Kavner sold 9,000 shares of P stock on 11/01/2012 at the average price of 8.42. Robert M Kavner owns at least 517,013 shares after this. The price of the stock has decreased by 10.81% since.

For the complete insider trading history of P, 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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