Exec Vice President and CFO of Life Time Fitness Inc. (LTM) Michael R Robinson sells 12,124 shares of LTM on 03/08/2012 at an average price of $49.5 a share.

Life Time Fitns has a market cap of $2.06 billion; its shares were traded at around $49.28 with a P/E ratio of 21.5 and P/S ratio of 2. Life Time Fitns had an annual average earning growth of 12.4% over the past 10 years.

CFO Recent Trades:

• Exec Vice President and CFO Michael R Robinson sold 45,000 shares of LTM stock on 12/29/2011 at the average price of 48.03. Michael R Robinson owns at least 174,363 shares after this. The price of the stock has increased by 2.6% since.
• Exec Vice President and CFO Michael R Robinson sold 7,500 shares of LTM stock on 12/20/2011 at the average price of 44. Michael R Robinson owns at least 174,363 shares after this. The price of the stock has increased by 12% since.

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:

• Executive Vice President Jeffrey G Zwiefel sold 27,741 shares of LTM stock on 03/05/2012 at the average price of 49.12. Jeffrey G Zwiefel owns at least 128,309 shares after this. The price of the stock has increased by 0.33% since.
• Executive Vice President Mark L Zaebst sold 26,983 shares of LTM stock on 03/01/2012 at the average price of 49.59. Mark L Zaebst owns at least 113,656 shares after this. The price of the stock has decreased by 0.63% since.
• VP and Corp Controller John M Hugo sold 8,000 shares of LTM stock on 02/21/2012 at the average price of 51.47. John M Hugo owns at least 14,985 shares after this. The price of the stock has decreased by 4.25% since.
• Executive Vice President Jeffrey G Zwiefel sold 8,301 shares of LTM stock on 02/01/2012 at the average price of 50. Jeffrey G Zwiefel owns at least 136,050 shares after this. The price of the stock has decreased by 1.44% 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 19.96% since.

For the complete insider trading history of LTM, 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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