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Life Time Fitness Inc. (LTM) Exec Vice President and CFO Michael R Robinson sells 7,500 Shares

Dec 22, 2011 | About:
insider
insider
Exec Vice President and CFO of Life Time Fitness Inc. (LTM) Michael R Robinson sells 7,500 shares of LTM on 12/20/2011 at an average price of $44 a share.

Life Time Fitness Inc. has a market cap of $1.88 billion; its shares were traded at around $44.4 with a P/E ratio of 20.1 and P/S ratio of 2. Life Time Fitness Inc. had an annual average earning growth of 12.2% over the past 5 years.


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




Directors and Officers Recent Trades:


  • Director John K Llyod bought 2,000 shares of LTM stock on 08/22/2011 at the average price of 33.56. John K Llyod owns at least 14,472 shares after this. The price of the stock has increased by 32.3% since.
  • Director Jack W Eugster bought 1,000 shares of LTM stock on 08/09/2011 at the average price of 34.95. Jack W Eugster owns at least 14,772 shares after this. The price of the stock has increased by 27.04% since.
  • Executive Vice President Mark L Zaebst sold 7,000 shares of LTM stock on 12/02/2011 at the average price of 41.08. Mark L Zaebst owns at least 120,639 shares after this. The price of the stock has increased by 8.08% since.
  • Director Guy C. Jackson sold 1,220 shares of LTM stock on 12/02/2011 at the average price of 41.16. Guy C. Jackson owns at least 20,030 shares after this. The price of the stock has increased by 7.87% since.
  • Executive Vice President Mark L Zaebst sold 3,000 shares of LTM stock on 11/22/2011 at the average price of 39.66. Mark L Zaebst owns at least 127,639 shares after this. The price of the stock has increased by 11.95% since.


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

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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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