President and CEO of LGL Group Inc (LGL) Greg P. Anderson sells 1,500 shares of LGL on 09/15/2010 at an average price of $23 a share.

Lgl Group Inc has a market cap of $49.7 million; its shares were traded at around $22.1 with a P/E ratio of 19.2 and P/S ratio of 1.6.

LGL is in the portfolios of Jim Simons of Renaissance Technologies LLC, Mario Gabelli of GAMCO Investors, Mario Gabelli of GAMCO Investors.


This is the insider trade history vs. stock price of LGL. For the complete insider trading history of LGL, click here.

Directors and Officers Recent Trades:

• Buy: 10% Owner Mario J Gabelli bought 2,000 shares of LGL stock on 04/27/2010 at the average price of 6.16. Mario J Gabelli owns at least 368,136 shares after this. The price of the stock has increased by 258.77% since.


• Sell: 10% Owner Mario J Gabelli sold 4,900 shares of LGL stock on 09/14/2010 at the average price of 22.21. Mario J Gabelli owns at least 349,117 shares after this. The price of the stock has decreased by 0.5% since.


• Sell: 10% Owner Mario J Gabelli sold 4,019 shares of LGL stock on 08/23/2010 at the average price of 17.55. Mario J Gabelli owns at least 354,017 shares after this. The price of the stock has increased by 25.93% since.


• Sell: 10% Owner Mario J Gabelli sold 12,000 shares of LGL stock on 08/20/2010 at the average price of 18.36. Mario J Gabelli owns at least 358,036 shares after this. The price of the stock has increased by 20.37% since.


• Sell: Director Jeremiah M Healy sold 3,250 shares of LGL stock on 08/20/2010 at the average price of 19.01. Jeremiah M Healy owns at least 12,970 shares after this. The price of the stock has increased by 16.25% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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