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SolarWinds, Inc. Message Board

  • rv8037pb rv8037pb Nov 15, 2013 12:46 PM Flag

    Insider just bought! -- 10,000 shares @ $32.50 Director Roger J Sippl on 11/12/2013

    11/14/2013 16:34:00 11/12/2013 Purchase SolarWinds, Inc. SWI SIPPL ROGER J Director 10,000 $32.50 $325,000 Direct

    Sentiment: Strong Buy

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    • This is a 2nd purchase by the same insider!

      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.
      Good luck!