SRS Labs Inc. (SRSL) CEO, 10% Owner Thomas C K Yuen sells 70,000 Shares

CEO, 10% Owner of SRS Labs Inc. (SRSL, Financial) Thomas C K Yuen sells 70,000 shares of SRSL on 11/05/2009 at an average price of $7.01 a share.

SRS Labs has become a leader in the advancement of audio and voice technology. They work with manufacturers to provide a richer entertainment experience through patented sound techniques. SRS technologies can be heard through products ranging from televisions DVD players cell phones car audio systems and computers. They also offer hardware and software tools for the production and broadcast of content featuring SRS technologies. Their wholly owned subsidiary ValenceTech is located in Hong Kong and provides custom ASICs and standard ICs to manufacturers. Srs Labs Inc. has a market cap of $101.2 million; its shares were traded at around $7 with a P/E ratio of 700 and P/S ratio of 5.5.

Insiders' Positions with SRSL

  • Sell:: CTO Alan D Kraemer sold 10,621 shares of SRSL stock on 11/05/2009 at the average price of 7, the price of the stock has decreased by 0% since

  • Sell:: CTO Alan D Kraemer sold 29,379 shares of SRSL stock on 06/11/2009 at the average price of 6.5, the price of the stock has increased by 7.69% since