CEO of Vonage Holdings Corporation (VG) Marc Lefar sells 491,066 shares of VG on 02/06/2013 at an average price of $2.51 a share.

Vonage Holdings Corporation has a market cap of $541.1 million; its shares were traded at around $2.44 with a P/E ratio of 1.6 and P/S ratio of 0.7.

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

CEO Recent Trades:

• CEO Marc Lefar sold 491,066 shares of VG stock on 02/06/2013 at the average price of 2.51. Marc Lefar owns at least 28,708 shares after this. The price of the stock has decreased by 2.79% since.
• CEO Marc Lefar sold 245,491 shares of VG stock on 01/09/2013 at the average price of 2.51. Marc Lefar owns at least 26,369 shares after this. The price of the stock has decreased by 2.79% since.

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

Directors and Officers Recent Trades:

• Director, 10% Owner Jeffrey A Citron sold 285,848 shares of VG stock on 02/06/2013 at the average price of 2.53. Jeffrey A Citron owns at least 40,990,553 shares after this. The price of the stock has decreased by 3.56% since.
• Director, 10% Owner Jeffrey A Citron sold 300,000 shares of VG stock on 01/24/2013 at the average price of 2.45. Jeffrey A Citron owns at least 41,276,401 shares after this. The price of the stock has decreased by 0.41% since.
• SVP Customer Care, MD Int'l. Kimberly O'loughlin sold 11,788 shares of VG stock on 01/24/2013 at the average price of 2.47. Kimberly O'loughlin owns at least 18,678 shares after this. The price of the stock has decreased by 1.21% since.
• Director, 10% Owner Jeffrey A Citron sold 70,405 shares of VG stock on 01/09/2013 at the average price of 2.5. Jeffrey A Citron owns at least 41,576,401 shares after this. The price of the stock has decreased by 2.4% since.
• Director, 10% Owner Jeffrey A Citron sold 300,000 shares of VG stock on 12/19/2012 at the average price of 2.4. Jeffrey A Citron owns at least 42,878,611 shares after this. The price of the stock has increased by 1.67% since.

For the complete insider trading history of VG, 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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