REDBACK NETWORKS INC (RBAK) is a publicly traded company in the Unknown sector. Across all available filings, 13 corporate insiders have executed 70 transactions totaling $66.2M, demonstrating a bullish sentiment with $33.8M in net insider flow. The most recent transaction on Jan 25, 2007 involved a transaction of 1,570,800 shares valued at $31.4M.
No significant insider buying has been recorded for RBAK in the recent period.
No significant insider selling has been recorded for RBAK in the recent period.
Based on recent SEC filings, insider sentiment for RBAK is bullish with an Insider Alignment Score of 76/100 and a net flow of $33.8M. Insiders are accumulating shares, which historically signals confidence in the company's future performance.
Insider trading at REDBACK NETWORKS INC (RBAK) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 13 insiders are actively trading RBAK stock, having executed 70 transactions in the past 90 days. The most active insider is IV Lp Tcv (Executive), who has made 6 transactions totaling $289.7M.
Get notified when executives and directors at RBAK file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jan 25, 2007 | Lp Tcv IV | Executive | Other | 1,570,800 | $20.00 | $31.4M | Large |
| Jan 25, 2007 | Lp Tcv IV | Executive | Exercise | 1,570,800 | $5.00 | $7.9M | Large |
| Jan 25, 2007 | Lp Tcv IV | Executive | Other | 58,573 | $20.00 | $1.2M | Large |
| Jan 25, 2007 | Lp Tcv IV | Executive | Exercise | 58,573 | $5.00 | $292.9K | |
| Jan 25, 2007 | Antoun Georges | Executive | Disposition | 10,487 | $25.00 | $262.2K | |
| Jan 25, 2007 | D. Behren Roy | Executive | Disposition | 25,000 | $25.00 | $625.0K | Large |
| Jan 25, 2007 | L. Cronan Thomas III | Executive | Disposition | 9 | $25.00 | $225 | |
| Jan 25, 2007 | A. Denuccio Kevin | Executive | Disposition | 35,827 | $25.00 | $895.7K | Large |
| Jan 25, 2007 | Giordano Paul | Executive | Disposition | 75,000 | $25.00 | $1.9M | Large |
| Jan 25, 2007 | A. Kaplan Martin | Executive | Disposition | 25,000 | $25.00 | $625.0K | Large |
| Jan 24, 2007 | Lp Tcv IV | Executive | Tender | 9,601,953 | $25.00 | $240.0M | Large |
| Jan 24, 2007 | Lp Tcv IV | Executive | Tender | 358,040 | $25.00 | $9.0M | Large |
| Jun 5, 2006 | Strategic Partners Lp Tcv IV | Executive | Conversion | 234,290 | $4.60 | $1.1M | Large |
| Jun 5, 2006 | Strategic Partners Lp Tcv IV | Executive | Other | 60,257 | $N/A | $0 | |
| Jun 5, 2006 | Strategic Partners Lp Tcv IV | Executive | Other | 2,246 | $N/A | $0 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Tender(U) | 2 | $249.0M | 63.3% |
Purchase(P) | 4 | $50.0M | 12.7% |
Other(J) | 4 | $32.6M | 8.3% |
Conversion(C) | 2 | $30.0M | 7.6% |
Sale(S) | 32 | $16.2M | 4.1% |
Exercise (Options)(X) | 2 | $8.1M | 2.1% |
Disposition(D) | 6 | $4.3M | 1.1% |
Exercise(M) | 18 | $3.3M | 0.9% |
Insiders at REDBACK NETWORKS INC are accumulating shares at an accelerated pace. With 13 insiders making 70 transactions totaling $50.0M in purchases versus $16.2M in sales, the net buying activity of $33.8M signals strong executive confidence. IV Lp Tcv (Executive) leads the buying activity with $289.7M in transactions across all time.