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NETANYA, ISRAEL (MMD Newswire) February 16, 2012 -- Yuenwah Sing sold 50,000 shares of Magicjack Vocaltec LTD stock, or $865,000 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on February 10, 2012.

After the transaction, Yuenwah Sing's stake was reported as 393,306 shares of Magicjack Vocaltec LTD stock (a 11% decrease from before the transaction took place). Yuenwah Sing's title was listed as "Director" at Magicjack Vocaltec LTD within the filing.

As noted on February 13, 2012, Yuenwah Sing's sale was done indirectly through "By Revocable Trust" over 1 transaction on February 10, 2012. The share price for the transaction was $17.3 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Yuenwah Sing has sold a total of 50,000 shares of Magicjack Vocaltec LTD, proceeds from the sale totaled $865,000. Over the same time period, Yuenwah Sing 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.