Credit Suise downgrade - but hear is what you dont know...
The Analyst behind is Robert Moskow. for those who dont have TipRanks on their browser here is what the analyst is really worth:
1) he is ranked one of the lowest analusts - #51500 out of 1700 Analysts.
2) if you would have followed him since 2009 you would have had an average return of -15% per recommendation (Below the S&P500)
3) his success rate is 20% 1 out of his last 5 Buy/Sell ratings acrtually outperformed the S&P.
so i wouldnt run and sell the stock... use TipRanks to get better data and know who is worth filtering.
How would you like to defend insider sales since Jan01, 2013, can be seen on yahoo finance as well. Also they been sued for patent stealing now. I think, you should stick with your analysis as this will come back sometime later in the year BUT it is now due for a downward trend.
Uddi, Do you not understand how a foundation works? These insider sales are all by the foundation that owns over 25% of the company. Foundations are in place to give money for good causes. Selling shares to possibly fund this is just one way to come up with the cash. Doesn't look like a big deal to me to see them selling. Look at their history of sales month after month.