President and CEO of CARDIOVASCULAR SYSTEMS, INC. (CSII) David Martin sells 39,330 shares of CSII on 11/16/2010 at an average price of $8.79 a share.

Cardiovascular Systems, Inc. has a market cap of $132.6 million; its shares were traded at around $8.84 with and P/S ratio of 2.1.

CSII is in the portfolios of Lee Ainslie of Maverick Capital, George Soros of Soros Fund Management LLC.


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

Directors and Officers Recent Trades:

• Buy: Director Glen D Nelson bought 18,151 shares of CSII stock on 11/15/2010 at the average price of 8.72. Glen D Nelson owns at least 506,377 shares after this. The price of the stock has increased by 1.38% since.


• Buy: Director Edward M Brown bought 7,000 shares of CSII stock on 11/12/2010 at the average price of 8.7. Edward M Brown owns at least 66,068 shares after this. The price of the stock has increased by 1.61% since.


• Buy: Director Edward M Brown bought 25,800 shares of CSII stock on 11/09/2010 at the average price of 7.74. Edward M Brown owns at least 59,068 shares after this. The price of the stock has increased by 14.21% since.


• Sell: VP of Manufacturing Paul A Koehn sold 2,335 shares of CSII stock on 08/12/2010 at the average price of 4.52. Paul A Koehn owns at least 20,895 shares after this. The price of the stock has increased by 95.58% since.


• Sell: VP of Commerical Operations Brian Doughty sold 2,443 shares of CSII stock on 08/12/2010 at the average price of 4.52. Brian Doughty owns at least 39,090 shares after this. The price of the stock has increased by 95.58% 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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