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LUMBER LIQUIDATORS (LL) President and COO Robert M Lynch buys 4,000 Shares

February 28, 2011 | About:
insider

insider

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President and COO of LUMBER LIQUIDATORS (LL) Robert M Lynch buys 4,000 shares of LL on 02/28/2011 at an average price of $23.29 a share.

Lumber Liquidators Holdings Inc. has a market cap of $651.87 million; its shares were traded at around $23.77 with a P/E ratio of 25.56 and P/S ratio of 1.05.

Hedge Fund Gurus that owns LL: Manning & Napier Advisors, Inc. Mutual Fund and Other Gurus that owns LL: Richard Aster Jr of Meridian Fund, Ron Baron of Baron Funds, Columbia Wanger of Columbia Wanger Asset Management.

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


CEO Recent Trades:


  • Sell: President and CEO Jeffrey W Griffiths sold 90,000 shares of LL stock on 01/03/2011 at the average price of 25.23. Jeffrey W Griffiths owns at least 10,000 shares after this. The price of the stock has decreased by 5.79% since.



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




Directors and Officers Recent Trades:


  • Sell: Chairman of the Board; Founder, 10% Owner Thomas D Sullivan sold 4,850 shares of LL stock on 11/29/2010 at the average price of 23.1. Thomas D Sullivan owns at least 3,616,900 shares after this. The price of the stock has increased by 2.9% since.

  • Sell: Chairman of the Board; Founder, 10% Owner Thomas D Sullivan sold 85,495 shares of LL stock on 11/23/2010 at the average price of 22.45. Thomas D Sullivan owns at least 3,621,750 shares after this. The price of the stock has increased by 5.88% since.

  • Sell: Chairman of the Board; Founder, 10% Owner Thomas D Sullivan sold 92,000 shares of LL stock on 11/22/2010 at the average price of 22.15. Thomas D Sullivan owns at least 3,707,245 shares after this. The price of the stock has increased by 7.31% since.

  • Sell: Chairman of the Board; Founder, 10% Owner Thomas D Sullivan sold 22,505 shares of LL stock on 11/19/2010 at the average price of 22.01. Thomas D Sullivan owns at least 3,799,245 shares after this. The price of the stock has increased by 8% since.

  • Sell: Director John M Presley sold 2,500 shares of LL stock on 11/11/2010 at the average price of 22.1. John M Presley owns at least 23,817 shares after this. The price of the stock has increased by 7.56% since.



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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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


Rating: 2.8/5 (6 votes)

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