CSG Systems International Inc. (CSGS): CEO and President Peter Kalan Sells 20,000 Shares


Peter E. Kalan, CEO and President at CSG Systems International Inc. (NASDAQ:CSGS) disclosed today the disposal of 20,000 shares of common stock at a unit price of $25.24 each on October 15, 2014. This is Mr. Kalan’s third sale this year, and the second this month, for a total of 53,000 shares. After the last transaction, Mr. Kalan directly owns a total of 402,370 shares.

Randy Wiese, EVP and CFO at CSG Systems International Inc. (NASDAQ:CSGS) has also disposed of the stock. Last month alone, Mr. Wiese reported over twenty transactions, for a combined total of 13,808 shares sold.

Jim Simons’ Renaissance Technologies and Martin Whitman’s Third Avenue Management, the two largest shareholding institutions (amongst those we track), have reported, for the last reported period, exposure increments of 6% and 10% correspondingly, counting a total of 1,973,022 shares the first fund and 1,130,753 the second.

CSG Systems International Inc. (NASDAQ:CSGS) is a business support solutions provider primarily serving the communications industry.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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