Red Hat Inc. (RHT) CEO & President James M Whitehurst sells 50,000 Shares

CEO & President of Red Hat Inc. (RHT, Financial) James M Whitehurst sells 50,000 shares of RHT on 12/07/2009 at an average price of $28.23 a share.

Red Hat Inc. is a leading developer and provider of open source software and services, including the Red Hat Linux operating system. Unlike proprietary software, open source software has publicly available source code and can be copied, modified and distributed with minimal restrictions. The web site, REDHAT.COM, is a leading online source of information and news about open source software and one of the largest online communities of open source software users and developers. Red Hat Inc. has a market cap of $5.21 billion; its shares were traded at around $27.73 with a P/E ratio of 45.4 and P/S ratio of 8. Red Hat Inc. had an annual average earning growth of 87.8% over the past 5 years.

RHT is in the portfolios of Bill Miller of Legg Mason Value Trust, Louis Moore Bacon of Moore Capital Management, LP, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC.

Insiders' Positions with RHT

  • Sell:: EVP, CFO Charles E Jr Peters sold 15,000 shares of RHT stock on 10/26/2009 at the average price of 28.4, the price of the stock has decreased by 2.36% since

  • Sell:: EVP, CFO Charles E Jr Peters sold 20,000 shares of RHT stock on 10/15/2009 at the average price of 28.8, the price of the stock has decreased by 3.72% since

  • Sell:: EVP, CFO Charles E Jr Peters sold 80,000 shares of RHT stock on 10/12/2009 at the average price of 28.19, the price of the stock has decreased by 1.63% since



Insiders' Positions with RHT

  • Sell:: Director Matthew Szulik sold 556,902 shares of RHT stock on 11/13/2009 at the average price of 28, the price of the stock has decreased by 0.96% since

  • Sell:: Director Matthew Szulik sold 21,983 shares of RHT stock on 11/11/2009 at the average price of 28, the price of the stock has decreased by 0.96% since

  • Sell:: Director William S Kaiser sold 10,000 shares of RHT stock on 11/11/2009 at the average price of 27.75, the price of the stock has decreased by 0.07% since

  • Sell:: VP / Controller Mark Cook sold 7,500 shares of RHT stock on 10/14/2009 at the average price of 28.12, the price of the stock has decreased by 1.39% since

  • Sell:: VP / Controller Mark Cook sold 7,500 shares of RHT stock on 10/13/2009 at the average price of 27.77, the price of the stock has decreased by 0.14% since