President and CEO and Director of AtriCure Inc. (ATRC) David J Drachman sells 40,671 shares of ATRC on 02/23/2011 at an average price of $10.37 a share.

Atricure Inc. has a market cap of $157 million; its shares were traded at around $10.07 with and P/S ratio of 2.7.

Hedge Fund Gurus that owns ATRC: Jim Simons of Renaissance Technologies LLC.


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

Directors and Officers Recent Trades:

• Buy: 10% Owner Group I, Llc Discovery bought 7,819 shares of ATRC stock on 01/05/2011 at the average price of 10.32. Group I, Llc Discovery owns at least 1,693,035 shares after this. The price of the stock has decreased by 2.42% since.


• Buy: 10% Owner Group I, Llc Discovery bought 12,400 shares of ATRC stock on 12/31/2010 at the average price of 10.26. Group I, Llc Discovery owns at least 1,685,216 shares after this. The price of the stock has decreased by 1.85% since.


• Buy: 10% Owner Group I, Llc Discovery bought 1,000 shares of ATRC stock on 12/20/2010 at the average price of 10. Group I, Llc Discovery owns at least 1,429,079 shares after this. The price of the stock has increased by 0.7% since.


• Buy: 10% Owner Group I, Llc Discovery bought 3,645 shares of ATRC stock on 11/30/2010 at the average price of 8.5. Group I, Llc Discovery owns at least 1,671,816 shares after this. The price of the stock has increased by 18.47% since.


• Buy: 10% Owner Group I, Llc Discovery bought 5,800 shares of ATRC stock on 11/16/2010 at the average price of 8.01. Group I, Llc Discovery owns at least 1,668,171 shares after this. The price of the stock has increased by 25.72% since.

For the complete insider trading history of ATRC, click here.

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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