Recently, various executives have taken part in insider selling activity for the stocks of Prospect Capital Corporation (NASDAQ:PSEC), Zynga Inc (NASDAQ:ZNGA),Veeva Systems Inc (NYSE:VEEV), and Twitter Inc (NYSE:TWTR).
Prospect Capital Corporation
John F. Barry, Chief Executive Officer and Chairman of the Board, bought $140,000 shares worth $1,044,400.00 at an average price of $7.46, as reported in the SEC filing yesterday. Following the insider-buying transaction, his stake in Prospect Capital has now grown to $5,580,786 shares with a value of $42,972,052.
Director Ellen Siminoff sold 10,000 Zynga shares, valued at $29,900, in a transaction dated June 15. The shares were sold via automatic sale program. Siminoff now holds 370,619 of the company’s shares that are valued at $1,111,857. Siminoff is the president and CEO of Shmoop University and joined Zynga’s board of directors on Jul 19, 2012.
Veeva Systems Inc
Director Gordon Ritter unloaded 1,504,600 Veeva Systems shares, valued at $39,379,039, in three transactions dated June 16 and 17. The shares were sold via automatic sale program. Ritter now holds 343,447 of the company’s shares that are valued at $9,352,062.
In addition, insider Emergence Capital Partners divested entire direct stake in Veeva Systems, which amounted to 1,500,000 common shares. The insider sold the shares for $39,255,000 in a single transaction dated June 16.
Kevin Weil, Vice President of Product for Revenue, unload 5,203 Twitter shares valued at $180,960, in a transaction dated June 15 . The shares were sold via automatic sale program. Weil now holds 1,055,900 of the company’s shares that are valued at $36,565,817. Kevin Weil’s team is responsible for product strategy and execution for Twitter’s monetization products.