Vivek Ranadive, Chief Executive Officer at TIBCO SOFTWARE INC (TIBX), sold 600,000 shares at $24.23 ($14.5M) on 2013-07-25, disclosed to the SEC on 2013-07-25.
Seasonal sale ($14.5M) by Chief Executive Officer — this insider has traded TIBX in July in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $23.92 | 200,000 | $4.8M | 33.1% |
| 2 | $24.21 | 300,000 | $7.3M | 50.2% |
| 3 | $24.23 | 100,000 | $2.4M | 16.7% |
| Total | $24.12 avg | 600,000 | $14.5M | 100% |
| Filing → |
| TIBX | SELL | 2013-11-05 | $7.7M | — | Filing → |
| TIBX | SELL | 2012-10-05 | $15.7M | — | Filing → |
| TIBX | SELL | 2011-11-09 | $6.6M | — | Filing → |