BMC Software: Insiders and Funds Selling Stock in Third Quarter

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of BMC Software Inc. (NASDAQ:BMC).

SEC data indicate these insiders have sold BMC Software Inc.’s stock since 06/30/2011:

  • Beauchamp Robert E: act as Chairman, President & CEO. On 07/01/2011, sold 54,217 shares, worth $3,038,900.
  • Beauchamp Robert E: act as Chairman, President & CEO. On 07/02/2011, sold 54,217 shares, worth $3,012,800.
  • Solcher Stephen B: act as Sr VP, CFO. On 07/01/2011, sold 38,965 shares, worth $2,182,000.
  • Solcher Stephen B: act as Sr VP, CFO. On 07/01/2011, sold 38,965 shares, worth $2,165,300.
  • Beauchamp Robert E: act as Chairman, President & CEO. On 10/03/2011, sold 29,465 shares, worth $1,123,800.

SEC data indicate that these institutions significantly reduced their stock shares of BMC Software Inc. in Q3 2011:

  • PERRY CORP: On 06/30/2011, held 2,200,000 shares, worth $120,340,000. On 09/30/2011, held 0 shares.
  • FARALLON CAPITAL MANAGEMENT LLC: On 06/30/2011, held 1,640,000 shares, worth $89,708,000. On 09/30/2011, held 0 shares.
  • PAULSON & CO INC: On 06/30/2011, held 1,600,000 shares, worth $87,520,000. On 09/30/2011, held 0 shares.
  • POLEN CAPITAL MANAGEMENT LLC: On 06/30/2011, held 989,527 shares, worth $54,127,127. On 09/30/2011, held 0 shares.
  • ALKEON CAPITAL MANAGEMENT LLC: On 06/30/2011, held 939,200 shares, worth $51,374,240. On 09/30/2011, held 0 shares.

About the company: BMC Software, Inc. provides management solutions for mainframe and distributed information technology systems. The Company’s portfolio of software solutions spans enterprise systems, applications, databases and IT process management. BMC also provides maintenance and support for its products and performs software implementation, integration and education services for its customers.

Competitors to Watch: Oracle Corporation (NASDAQ:ORCL), Microsoft Corporation (NASDAQ:MSFT), Red Hat, Inc. (NYSE:RHT), CA, Inc. (NASDAQ:CA), Novell, Inc. (NASDAQ:NOVL), Intl. Business Machines Corp. (NYSE:IBM), Quest Software, Inc. (NASDAQ:QSFT), Compuware Corporation (NASDAQ:CPWR), SAP AG (NYSE:SAP), and Hewlett-Packard Company (NYSE:HPQ).

(Note: Data regarding BMC Software Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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