President & COO of LPL Investment Holdings Inc. (LPLA) Esther M Stearns sells 15,000 shares of LPLA on 01/10/2012 at an average price of $32.02 a share.

Lpl Investment Holdings Inc. has a market cap of $3.54 billion; its shares were traded at around $32.11 with a P/E ratio of 16.9 and P/S ratio of 1.1.


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

Directors and Officers Recent Trades:

• MD, Custom Clearing Services Jonathan Eaton sold 1,250 shares of LPLA stock on 01/09/2012 at the average price of 30.87. Jonathan Eaton owns at least 221,906 shares after this. The price of the stock has increased by 4.02% since.
• President & COO Esther M Stearns sold 37,900 shares of LPLA stock on 01/09/2012 at the average price of 31.01. Esther M Stearns owns at least 317,416 shares after this. The price of the stock has increased by 3.55% since.
• President & COO Esther M Stearns sold 78,600 shares of LPLA stock on 01/06/2012 at the average price of 30.78. Esther M Stearns owns at least 355,316 shares after this. The price of the stock has increased by 4.32% since.
• President & COO Esther M Stearns sold 24,600 shares of LPLA stock on 01/04/2012 at the average price of 30.24. Esther M Stearns owns at least 433,916 shares after this. The price of the stock has increased by 6.18% since.
• President & COO Esther M Stearns sold 28,900 shares of LPLA stock on 01/03/2012 at the average price of 30.68. Esther M Stearns owns at least 458,516 shares after this. The price of the stock has increased by 4.66% since.

For the complete insider trading history of LPLA, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool