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UTStarcom Inc. (UTSI) CEO & President Peter Blackmore sells 113,158 Shares

August 04, 2009 | About:
insider

CEO & President of UTStarcom Inc. (UTSI) Peter Blackmore sells 113,158 shares of UTSI on 07/31/2009 at an average price of $1.72 a share.

Utstarcom Inc. provides communications equipment for service providers that operate wireless and wireline networks in rapidly growing communications markets. The integrated suite of network access systems optical transmission products and subscriber terminal products allows service providers to offer efficient and scalable voice data and Internet access services. Service providers can easily integrate the standards-based systems into their existing networks and deploy the systems in new broadband Internet Protocol and wireless network rollouts. UTStarcom Inc. has a market cap of $223.9 million; its shares were traded at around $1.75 with and P/S ratio of 0.1.

UTSI is in the portfolios of Charles Brandes of Brandes Investment.

Recent Trades of UTStarcom Inc. by CEO:


  • Sell: CEO & President Peter Blackmore sold 42,936 shares of UTSI stock on 03/05/2009 at the average price of $0.73; the price of the stock has increased by 139.73% since.

  • Sell: CEO & President Peter Blackmore sold 21,574 more shares of UTSI stock on 03/03/2009 at the average price of $0.83; the price of the stock has increased by 110.84% since.



Recent Trades of UTStarcom Inc. by CFO:


  • Sell: Int CFO, VP, Controller & CAO Viraj J Patel sold 39,557 shares of UTSI stock on 03/05/2009 at the average price of $0.73; the price of the stock has increased by 139.73% since.

  • Sell: Int CFO, VP, Controller & CAO Viraj J Patel sold 19,873 more shares of UTSI stock on 03/03/2009 at the average price of $0.83; the price of the stock has increased by 110.84% since.



Recent Trades of UTStarcom Inc. by Directors and Officers:


  • Sell: Director Hong Liang Lu sold 118,963 shares of UTSI stock on 03/05/2009 at the average price of $0.73; the price of the stock has increased by 139.73% since.

  • Sell: SVP and General Counsel Susan Marsch sold 15,223 shares of UTSI stock on 03/05/2009 at the average price of $0.73; the price of the stock has increased by 139.73% since.

  • Sell: SVP and General Counsel Susan Marsch sold 7,642 more shares of UTSI stock on 03/03/2009 at the average price of $0.83; the price of the stock has increased by 110.84% since.

  • Sell: Director Hong Liang Lu sold 59,843 shares of UTSI stock on 03/03/2009 at the average price of $0.83; the price of the stock has increased by 110.84% since.

  • Sell: SVP, Human Resources Mark Green sold 28,338 shares of UTSI stock on 03/03/2009 at the average price of $0.83; the price of the stock has increased by 110.84% since.




Rating: 4.0/5 (2 votes)

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