Chairman of the Board; Founder of LUMBER LIQUIDATORS (LL) Thomas D Sullivan sells 110,820 shares of LL on 11/16/2011 at an average price of $17.07 a share.

Lumber Liquidators Holdings has a market cap of $469 million; its shares were traded at around $16.9 with a P/E ratio of 20.1 and P/S ratio of 0.8.

CFO Recent Trades:

• CFO Daniel Everett Terrell bought 1,500 shares of LL stock on 08/04/2011 at the average price of 15.07. Daniel Everett Terrell owns at least 7,000 shares after this. The price of the stock has increased by 12.14% since.
• CFO Daniel Everett Terrell bought 1,500 shares of LL stock on 07/29/2011 at the average price of 15.28. Daniel Everett Terrell owns at least 5,500 shares after this. The price of the stock has increased by 10.6% 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:

• COO-Canada Tyler Greenan bought 1,000 shares of LL stock on 08/09/2011 at the average price of 14.38. Tyler Greenan owns at least 2,000 shares after this. The price of the stock has increased by 17.52% since.
• President and COO Robert M Lynch bought 2,000 shares of LL stock on 08/09/2011 at the average price of 13.83. Robert M Lynch owns at least 23,345 shares after this. The price of the stock has increased by 22.2% since.
• President and COO Robert M Lynch bought 2,500 shares of LL stock on 08/04/2011 at the average price of 15.72. Robert M Lynch owns at least 21,345 shares after this. The price of the stock has increased by 7.51% since.
• SVP, Human Resources Elizabeth Jean Matherne bought 4,000 shares of LL stock on 08/01/2011 at the average price of 16. Elizabeth Jean Matherne owns at least 4,000 shares after this. The price of the stock has increased by 5.62% since.
• President and COO Robert M Lynch bought 2,500 shares of LL stock on 07/29/2011 at the average price of 15.51. Robert M Lynch owns at least 18,845 shares after this. The price of the stock has increased by 8.96% since.

For the complete insider trading history of LL, 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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