Vringo (VRNG) Moves Higher Amid Several Insider Sales
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Vringo (AMEX: VRNG) shares are higher Wednesday, the first day of trading since last Friday due to Hurricane Sandy, following a slew of insider moves the last few sessions.
Here's a list of the following sales made last Friday, October 26th:
The sales weren't huge and all were made within a pre-established Rule 10b5-1 plan. Vringo ended last Friday's session up 4.7 percent as investors brace for the outcome of ongoing litigation with Google (Nasdaq: GOOG).
Today, the stock is up about 9 percent.
Here's a list of the following sales made last Friday, October 26th:
- COO Alex Berger - 4,000 shares at $4.08;
- CTO Andy Lang - 9,058 at $4.08;
- CEO Andy Perlman - 1,500 at $4.05; and
- Director Seth Siegel - 2,000 at $4.05.
The sales weren't huge and all were made within a pre-established Rule 10b5-1 plan. Vringo ended last Friday's session up 4.7 percent as investors brace for the outcome of ongoing litigation with Google (Nasdaq: GOOG).
Today, the stock is up about 9 percent.
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