CFO of Boingo Wireless Inc (WIFI) Peter Hovenier sells 10,000 shares of WIFI on 02/14/2013 at an average price of $8 a share.

Boingo Wireless Inc has a market cap of $282.1 million; its shares were traded at around $8.01 with a P/E ratio of 38.4 and P/S ratio of 3.

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

CEO Recent Trades:

• CEO David Hagan sold 15,000 shares of WIFI stock on 02/12/2013 at the average price of 7.89. The price of the stock has increased by 1.52% since.
• CEO David Hagan sold 15,000 shares of WIFI stock on 01/14/2013 at the average price of 7.76. The price of the stock has increased by 3.22% since.

CFO Recent Trades:

• CFO Peter Hovenier sold 10,000 shares of WIFI stock on 02/14/2013 at the average price of 8. The price of the stock has increased by 0.13% since.
• CFO Peter Hovenier sold 2,917 shares of WIFI stock on 12/19/2012 at the average price of 8. The price of the stock has increased by 0.13% since.

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

Directors and Officers Recent Trades:

• 10% Owner & Co Ltd Mitsui sold 5,679 shares of WIFI stock on 02/14/2013 at the average price of 7.96. & Co Ltd Mitsui owns at least 4,519,990 shares after this. The price of the stock has increased by 0.63% since.
• 10% Owner & Co Ltd Mitsui sold 9,522 shares of WIFI stock on 02/11/2013 at the average price of 7.8. & Co Ltd Mitsui owns at least 4,525,669 shares after this. The price of the stock has increased by 2.69% since.
• 10% Owner & Co Ltd Mitsui sold 7,106 shares of WIFI stock on 02/06/2013 at the average price of 7.79. & Co Ltd Mitsui owns at least 4,535,191 shares after this. The price of the stock has increased by 2.82% since.
• 10% Owner & Co Ltd Mitsui sold 11,540 shares of WIFI stock on 02/01/2013 at the average price of 7.69. & Co Ltd Mitsui owns at least 4,542,297 shares after this. The price of the stock has increased by 4.16% since.
• 10% Owner & Co Ltd Mitsui sold 6,240 shares of WIFI stock on 01/29/2013 at the average price of 7.73. & Co Ltd Mitsui owns at least 4,553,837 shares after this. The price of the stock has increased by 3.62% since.

For the complete insider trading history of WIFI, 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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