Insider Trading at CSG Systems International, Inc. (CSGS): CFO Randy Wiese Sells 1,500 Shares


CSG Systems International, Inc. (NASDAQ:CSGS)’s CFO Randy Wiese unloaded again 1,500 shares of Common Stock on the open market at a price of $27.61 each, this last August 21, for a total value of $41,415. Following this disposal, the chief financial officer of this firm directly owns 179,829 shares of this business support solutions provider serving the communications industry.

Wiese has been consistently disposing of company holdings in different open market transactions. Two days before, he had sold the same amount of shares of CSG Systems International, Inc. (NASDAQ:CSGS) for a total value of $41,775. Hhe began selling stocks on August 8 this year. He has, since then, sold 6,000 shares at a weighted average value of $27.59.

Despite Wieses’ sales, Jim Simons’s Renaissance Technologies fund and Martin Whitman’s Third Avenue Management fund have increased their exposure to CSG Systems International, Inc. (NASDAQ:CSGS) by a six and a ten percent, respectively. Now, Simon’s fund owns 1.97 million shares, and Whitman’s fund, 1.13 million shares of this $984.40 million market cap company.

Disclosure: Pamela Gaviño holds no position in any stocks or funds mentioned. 

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