Michael Tessler, President & CEO at BROADSOFT, INC. (BSFT), sold 6,446 shares at $45.00 ($290K) on 2017-02-22, disclosed to the SEC on 2017-02-23.
Seasonal sale ($290k) by President & CEO — this insider has traded BSFT in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $45.00 | 895 | $40K | 13.9% |
| 2 | $45.00 | 5,551 | $250K | 86.1% |
| Total | $45.00 avg | 6,446 | $290K | 100% |
| Filing → |
| BSFT | SELL | 2016-06-14 | $663K | — | Filing → |
| BSFT | SELL | 2016-04-20 | $782K | — | Filing → |
| BSFT | SELL | 2015-11-25 | $796K | — | Filing → |