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NETANYA, ISRAEL (MMD Newswire) February 16, 2012 -- Donald Burns sold 3,000 shares of Magicjack Vocaltec LTD stock, or $52,140 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between February 9, 2012 - February 10, 2012.
Donald Burns's title was listed as "Director" at Magicjack Vocaltec LTD within the filing.
As noted on February 13, 2012, Donald Burns's sale was done directly over 2 transactions from February 9, 2012 to February 10, 2012. The share price for the transaction was $17.38 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Donald Burns has sold a total of 12,000 shares of Magicjack Vocaltec LTD, proceeds from the sale totaled $188,010. Over the same time period, Donald Burns has purchased no shares of Magicjack Vocaltec LTD stock.
Let's take a quick, high-level look at insider trading at Magicjack Vocaltec LTD over the past 12 months. A total of 62,000 shares of Magicjack Vocaltec LTD stock was sold by insiders, totaling $1,053,010. Over the same time 12 month time period, no shares of Magicjack Vocaltec LTD were purchased by company insiders.
Source: SEC Filings