SEC Form 4 records show that the same director, Roger Sippl, had also earlier bought 10,000 shares in the open market at an average price $36.50. With his most recent purchase of yesterday, he now holds 40,000 shares of SWI.
I guess he is sure and determined, and has averaged down his earlier $36.50 buy with yesterday's purchase at $32.50
Roger Sippl holds the following positions at Solarwinds, Inc:
1. Director, Member of Audit Committee and
2. Member of Compensation Committee
I bought 800 shares @32.10 on the back of this insider's persistent determination.