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ServiceSource up 11.6% after CEO buys more shares

May 15, 2015 2:43 PM ETConcentrix Corporation (CNXC) StockCNXCBy: Eric Jhonsa, SA News Editor
  • ServiceSource (NASDAQ:SREV) CEO Chris Carrington discloses he bought 23.4K shares on Tuesday at $4.24, bringing his total stake to 552K. Two months ago, Carrington bought 29K shares at $3.39.
  • Interestingly, Carrington's latest purchase came after ServiceSource soared last Friday in response to a Q1 beat.
  • The cloud revenue-management software vendor is near its highest levels since early January, and up 53% from an April low of $3.00.

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