FalconStor Software Inc. (FALC) V.P., CFO and Treasurer James Michael Weber sells 10,000 Shares

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Aug 25, 2009
V.P., CFO and Treasurer of FalconStor Software Inc. (FALC, Financial) James Michael Weber sells 10,000 shares of FALC on 08/21/2009 at an average price of $5.4 a share.

FalconStor Software Inc. is a company founded with the mission to help enterprises rise above ever-expanding storage complexities and costs by providing the first software-only storage networking solution that simplifies storage management while drastically reducing total cost of ownership. With an unprecedented combination of manageability performance security and flexibility FalconStors flagship product IPStor transcends the limitations that have historically confined SANs to local data centers. Falconstor Software Inc. has a market cap of $236.6 million; its shares were traded at around $5.3 with and P/S ratio of 2.7.

Recent Trades of FalconStor Software Inc. by CEO:
  • Sell: CEO, 10% Owner Reijane Huai sold 48,100 shares of FALC stock on 08/20/2009 at the average price of $5.1; the price of the stock has increased by 3.92% since.



Recent Trades of FalconStor Software Inc. by Directors and Officers:
  • Sell: V.P. - Business Development Bernard J Wu sold 6,000 shares of FALC stock on 08/20/2009 at the average price of $5.2; the price of the stock has increased by 1.92% since.