CSG Systems International, Inc.(NASDAQ:CSGS), saw an insider continue his streak of transactions resulting in the lowering of his exposure to the company. The latest came today, as Executive Vice President and Chief Financial Officer Randy Wiese sold 1,750 shares of common stock at an average price of $28.28 per share. This continues a recent trend for Wise, as he’s sold more than 7,000 shares of stock since the beginning of August.
Following today’s move, Wiese holds 176,329 shares directly in CSG Systems International, Inc.(NASDAQ:CSGS), a $970.41 million market cap company that is a business support solutions provider primarily serving the communications industry. The Company’s primary product solutions include cable and satellite care and billing; convergent rating and billing; mediation and data management; wholesale settlement and routing; customer interaction management; analytics and intelligence, and content management and monetization.
In addition, Billionaire Jim Simons supports this company, as his hedge fund, Renaissance Technologies, has about 1.9 million shares worth approximately $51.5 million involved with it.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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