Vringo CFO Anastasia Nyrkovskaya purchased 16,000 shares of the company at 91 cents a share Monday. On Friday director Joseph Spiegel purchased 30,000 shares of the company at 89 cents a share.
The insider buys come after an appeals court ruled that patents claims Vringo recently brought against Google (GOOGL)GOOGL are invalid. The company said it was "evaluating its options with respect to the case" following the ruling.
Must Read: Warren Buffett's 25 Favorite StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. VRNG data by YCharts
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts