TeleCommunication Systems Inc. (TSYS) Sr. VP & CTO Drew A Morin sells 15,000 Shares

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Aug 31, 2009
Sr. VP & CTO of TeleCommunication Systems Inc. (TSYS, Financial) Drew A Morin sells 15,000 shares of TSYS on 08/31/2009 at an average price of $7.5 a share.

TeleCommunication Systems Inc. provides wireless network application software and services and communications engineering services. The company's communications engineering services include network design installation and operation network engineering and analysis and complex program management. Through its experience the company recognized the demand for network application software that provides for the delivery of Internet content short messages and enhanced data communications services to wireless devices including phones two-way pagers. Telecommunication Systems Inc. has a market cap of $359.9 million; its shares were traded at around $7.54 with a P/E ratio of 19.3 and P/S ratio of 1.6. Telecommunication Systems Inc. had an annual average earning growth of 40.7% over the past 5 years.

Recent Trades of TeleCommunication Systems Inc. by CEO:
  • Sell: Chairman, President & CEO, 10% Owner Maurice B Tose sold 10,000 shares of TSYS stock on 06/04/2009 at the average price of $7.12; the price of the stock has increased by 5.9% since.



Recent Trades of TeleCommunication Systems Inc. by CFO:
  • Sell: Sr. VP & CFO Thomas M Jr Brandt sold 1,315 shares of TSYS stock on 03/12/2009 at the average price of $8.59; the price of the stock has decreased by 12.22% since.



Recent Trades of TeleCommunication Systems Inc. by Directors and Officers:
  • Sell: Sr. VP & CMO Timothy James Lorello sold 7,500 shares of TSYS stock on 08/27/2009 at the average price of $7.84; the price of the stock has decreased by 3.83% since.

  • Sell: Sr. VP & CTO Drew A Morin sold 19,800 shares of TSYS stock on 08/27/2009 at the average price of $7.69; the price of the stock has decreased by 1.95% since.

  • Sell: Exec. VP & COO Richard A Young sold 21,538 shares of TSYS stock on 06/04/2009 at the average price of $7.14; the price of the stock has increased by 5.6% since.

  • Sell: Sr. VP & CMO Timothy James Lorello sold 7,500 shares of TSYS stock on 06/01/2009 at the average price of $7.73; the price of the stock has decreased by 2.46% since.

  • Sell: Sr. VP & CTO Drew A Morin sold 39,800 shares of TSYS stock on 05/27/2009 at the average price of $7.66; the price of the stock has decreased by 1.57% since.