CSG Systems International, Inc.(NASDAQ:CSGS), saw an insider execute a transaction resulting in the lowering of his profile with the company. Executive Vice President, General Counsel, Secretary and Chief Accounting Officer Thomas Joseph Ruble sold 1,475 shares of common stock at average prices ranging from $27.47 to $27.49 per share.
Following today’s move, Ruble holds 105,740 shares directly in CSG Systems International, Inc.(NASDAQ:CSGS), a $953.84 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 is betting on this company this quarter. His hedge fund, Renaissance Technologies, reported a 6% rise in its activity over the course of the last quarter, and now has about 1.9 million shares worth approximately $51.5 million involved with the company..
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.