Towerstream Corp. (TWER) Chairman of Board of Directors Philip Urso sells 4,200 Shares

Chairman of Board of Directors of Towerstream Corp. (TWER, Financial) Philip Urso sells 4,200 shares of TWER on 12/30/2009 at an average price of $1.8 a share.

Towerstream is a leading fixed wireless service provider in the U.S., delivering high-speed Internet access to businesses. The company has established pre-WiMAX networks in markets such as New York City, Los Angeles, Chicago, San Francisco, Seattle, Miami, the greater Boston area, and Providence and Newport, RI, and continues to expand coverage throughout the United States. The company was the first carrier selected to join the WiMAX Forum to assist leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability. Towerstream Corp. has a market cap of $73.7 million; its shares were traded at around $2.13 with and P/S ratio of 6.9.

CEO Recent Trades:

  • Sell:: President and CEO Jeffrey M Thompson sold 40,000 shares of TWER stock on 11/12/2009 at the average price of 1.55, the price of the stock has increased by 37.42% since.



Directors and Officers Recent Trades:

  • Sell:: Chairman of Board of Directors Philip Urso sold 265,000 shares of TWER stock on 12/24/2009 at the average price of 1.89, the price of the stock has increased by 12.7% since.

  • Sell:: Chairman of Board of Directors Philip Urso sold 30,000 shares of TWER stock on 11/11/2009 at the average price of 1.55, the price of the stock has increased by 37.42% since.