CEO, President and Secretary of Logmein Inc. (LOGM) Michael K Simon sells 30,000 shares of LOGM on 11/09/2010 at an average price of $39.94 a share.

Logmein Inc. has a market cap of $959.6 million; its shares were traded at around $41.17 with a P/E ratio of 76.3 and P/S ratio of 13.

LOGM is in the portfolios of RS Investment Management, Pioneer Investments, Jim Simons of Renaissance Technologies LLC.

This is the annual revenues and earnings per share of LOGM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of LOGM.

CEO Recent Trades:

• Sell: CEO, President and Secretary Michael K Simon sold 10,000 shares of LOGM stock on 10/27/2010 at the average price of 36.78. Michael K Simon owns at least 854,550 shares after this. The price of the stock has increased by 11.94% since.


• Sell: CEO, President and Secretary Michael K Simon sold 15,000 shares of LOGM stock on 09/10/2010 at the average price of 32.04. Michael K Simon owns at least 864,550 shares after this. The price of the stock has increased by 28.5% since.


• Sell: CEO, President and Secretary Michael K Simon sold 15,000 shares of LOGM stock on 08/17/2010 at the average price of 28.59. Michael K Simon owns at least 879,550 shares after this. The price of the stock has increased by 44% since.


• Sell: CEO, President and Secretary Michael K Simon sold 15,000 shares of LOGM stock on 06/01/2010 at the average price of 25.31. Michael K Simon owns at least 894,550 shares after this. The price of the stock has increased by 62.66% since.

CFO Recent Trades:

• Sell: CFO and Treasurer James F. Kelliher sold 8,250 shares of LOGM stock on 09/10/2010 at the average price of 32.04. The price of the stock has increased by 28.5% since.


• Sell: CFO and Treasurer James F. Kelliher sold 13,250 shares of LOGM stock on 08/12/2010 at the average price of 26.72. The price of the stock has increased by 54.08% since.


• Sell: CFO and Treasurer James F. Kelliher sold 8,250 shares of LOGM stock on 06/10/2010 at the average price of 26.74. The price of the stock has increased by 53.96% since.

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

Directors and Officers Recent Trades:

• Sell: 10% Owner Venture Partners Iv L P Prism sold 250,000 shares of LOGM stock on 11/09/2010 at the average price of 40.07. Venture Partners Iv L P Prism owns at least 6,968,190 shares after this. The price of the stock has increased by 2.75% since.


• Sell: Director Steven J. Benson sold 250,000 shares of LOGM stock on 11/09/2010 at the average price of 40.07. Steven J. Benson owns at least 6,968,190 shares after this. The price of the stock has increased by 2.75% since.


• Sell: Chief Technology Officer Marton B Anka sold 9,384 shares of LOGM stock on 11/08/2010 at the average price of 40.03. Marton B Anka owns at least 779,696 shares after this. The price of the stock has increased by 2.85% since.


• Sell: Director Irfan Salim sold 40,000 shares of LOGM stock on 11/03/2010 at the average price of 38.7. The price of the stock has increased by 6.38% since.


• Sell: Senior Vice President, Sales Kevin K. Harrison sold 10,000 shares of LOGM stock on 11/01/2010 at the average price of 38.36. Kevin K. Harrison owns at least 100,000 shares after this. The price of the stock has increased by 7.33% 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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