Ruckus Wireless Inc (RKUS): Kish Continues to Sell


William S. A. Kish, Chief Technology Officer at Ruckus Wireless Inc (NYSE:RKUS) disclosed today the sale of 95,000 shares at a weighted average price of $12.0452 on October 27, 2014. This is Mr. Kish seventeenth’s sale this year, and now directly owns a total of 696,489 shares.

Denis Maynard, Vice President of Sales and Operations at Ruckus Wireless Inc (NYSE:RKUS) has also been trading the company’s stock this year. Mr. Maynard reported fifteen sales throughout 2014 for a total of 178,550 shares at prices ranging from $9.44 to $14.39, and owns 31,500 shares.

Daniel Benton’s Andor Capital Management is the largest institution (amongst those we track) at Ruckus Wireless Inc (NYSE:RKUS) with 1,250,000 shares, valued at an estimate $14.9 million, after reporting a 50% holding reduction during the second filling period of 2014.

Ruckus Wireless Inc (NYSE:RKUS) is a provider of Wi-Fi solutions called Smart Wi-Fi, used by service providers and enterprises to solve network challenges, including gateways, controllers and access points.

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

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