CEO & Chairman of the Board of Nuance Communications Inc. (NUAN) Paul Ricci sells 23,078 shares of NUAN on 12/01/2009 at an average price of $15.09 a share.

Nuance Communications, Inc. is the leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Nuance Communications Inc. has a market cap of $4.07 billion; its shares were traded at around $15.14 with a P/E ratio of 18.5 and P/S ratio of 4.3.

NUAN is in the portfolios of Richard Aster Jr of Meridian Fund, Paul Tudor Jones of The Tudor Group, PRIMECAP Management, Ron Baron of Baron Funds.

Insiders' Positions with NUAN

• Sell:: CEO & Chairman of the Board Paul Ricci sold 106,250 shares of NUAN stock on 11/02/2009 at the average price of 13.27, the price of the stock has increased by 14.09% since


• Sell:: CEO & Chairman of the Board Paul Ricci sold 61,250 shares of NUAN stock on 10/09/2009 at the average price of 15, the price of the stock has increased by 0.93% since


• Sell:: CEO & Chairman of the Board Paul Ricci sold 111,500 shares of NUAN stock on 10/01/2009 at the average price of 14.22, the price of the stock has increased by 6.47% since

Insiders' Positions with NUAN

• Sell:: Co-President Healthcare & Imag Shagoury John sold 50,000 shares of NUAN stock on 10/01/2009 at the average price of 14.22, the price of the stock has increased by 6.47% since


• Sell:: President Mobile-Enterprise Steven G Chambers sold 29,702 shares of NUAN stock on 09/22/2009 at the average price of 14.65, the price of the stock has increased by 3.34% since


• Sell:: Director Robert J Frankenberg sold 17,000 shares of NUAN stock on 09/08/2009 at the average price of 12.76, the price of the stock has increased by 18.65% since


• Sell:: Co-President Healthcare & Imag Shagoury John sold 25,000 shares of NUAN stock on 08/10/2009 at the average price of 14, the price of the stock has increased by 8.14% since


• Sell:: Co-President Healthcare & Imag Shagoury John sold 25,000 shares of NUAN stock on 07/01/2009 at the average price of 12.22, the price of the stock has increased by 23.9% since

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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