Gabriel Matsliach, SVP, Chief Product Officer at COMVERSE TECHNOLOGY INC/NY/ (CMVT), sold 40,994 shares at $6.36 ($261K) on 2012-04-05, disclosed to the SEC on 2012-04-09.
Open-market sale of $261k CMVT by SVP, Chief Product Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.