CEO of Electronic Clearing House Inc. (ECHO) Douglas R Waggoner sells 10,000 shares of ECHO on 06/22/2012 at an average price of $19.03 a share.

Echo Global Logistics, Inc. has a market cap of $431.1 million; its shares were traded at around $18.62 with a P/E ratio of 32.7 and P/S ratio of 0.7.

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

CEO Recent Trades:

• CEO Douglas R Waggoner sold 6,083 shares of ECHO stock on 06/07/2012 at the average price of 18.01. Douglas R Waggoner owns at least 150,000 shares after this. The price of the stock has increased by 3.39% since.
• CEO Douglas R Waggoner sold 3,677 shares of ECHO stock on 05/16/2012 at the average price of 18. Douglas R Waggoner owns at least 150,000 shares after this. The price of the stock has increased by 3.44% since.
• CEO Douglas R Waggoner sold 29,700 shares of ECHO stock on 04/30/2012 at the average price of 17.09. Douglas R Waggoner owns at least 150,000 shares after this. The price of the stock has increased by 8.95% since.
• CEO Douglas R Waggoner sold 300 shares of ECHO stock on 04/05/2012 at the average price of 17. Douglas R Waggoner owns at least 163,990 shares after this. The price of the stock has increased by 9.53% since.

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

Directors and Officers Recent Trades:

• Director Peter J Barris sold 2,281 shares of ECHO stock on 03/05/2012 at the average price of 17.98. Peter J Barris owns at least 1,420,901 shares after this. The price of the stock has increased by 3.56% since.
• 10% Owner M James Barrett sold 119 shares of ECHO stock on 02/29/2012 at the average price of 18.76. M James Barrett owns at least 2,020,219 shares after this. The price of the stock has decreased by 0.75% since.

For the complete insider trading history of ECHO, 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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