CEO of Nuance Communications, Inc. (NUAN) Paul Ricci sells 140,000 shares of NUAN on 01/03/2013 at an average price of $23.16 a share.

Nuance Communications, Inc. has a market cap of $7.28 billion; its shares were traded at around $23 with a P/E ratio of 18.2 and P/S ratio of 4.1. Nuance Communications, Inc. had an annual average earning growth of 12% over the past 5 years. GuruFocus rated Nuance Communications, Inc. the business predictability rank of 4-star.

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

CEO Recent Trades:

• CEO Paul Ricci sold 140,000 shares of NUAN stock on 01/03/2013 at the average price of 23.16. Paul Ricci owns at least 4,346,076 shares after this. The price of the stock has decreased by 0.69% since.
• CEO Paul Ricci sold 7,500 shares of NUAN stock on 12/26/2012 at the average price of 22.2. Paul Ricci owns at least 4,386,076 shares after this. The price of the stock has increased by 3.6% since.

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

Directors and Officers Recent Trades:

• President Global Sales & Marke Steven G Chambers sold 67,415 shares of NUAN stock on 12/17/2012 at the average price of 22.21. Steven G Chambers owns at least 492,753 shares after this. The price of the stock has increased by 3.56% since.
• Executive VP and GM Healthcare Janet Dillione sold 15,000 shares of NUAN stock on 12/14/2012 at the average price of 22. Janet Dillione owns at least 186,725 shares after this. The price of the stock has increased by 4.55% since.
• SVP Chief Accounting Officer & Daniel David Tempesta sold 6,607 shares of NUAN stock on 12/12/2012 at the average price of 22.33. Daniel David Tempesta owns at least 145,804 shares after this. The price of the stock has increased by 3% since.
• Executive VP Worldwide Sales William Kenneth Nelson sold 5,000 shares of NUAN stock on 12/11/2012 at the average price of 22.41. William Kenneth Nelson owns at least 263,769 shares after this. The price of the stock has increased by 2.63% since.
• Executive VP Corporate Strateg Adam Bruce Bowden sold 9,250 shares of NUAN stock on 12/10/2012 at the average price of 22. Adam Bruce Bowden owns at least 165,472 shares after this. The price of the stock has increased by 4.55% since.

For the complete insider trading history of NUAN, 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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