President & CEO of Salix Pharmaceuticals Ltd. (SLXP) Carolyn J Logan sells 119,300 shares of SLXP on 06/28/2012 at an average price of $52.07 a share.

Salix Pharmaceuticals, Ltd. has a market cap of $3.16 billion; its shares were traded at around $55.6 with a P/E ratio of 17.2 and P/S ratio of 5.8.

CFO Recent Trades:

• EVP Finance/CFO Adam C Derbyshire sold 12,600 shares of SLXP stock on 02/28/2012 at the average price of 50.09. Adam C Derbyshire owns at least 131,138 shares after this. The price of the stock has increased by 11% since.
• EVP Finance/CFO Adam C Derbyshire sold 12,891 shares of SLXP stock on 02/13/2012 at the average price of 50. Adam C Derbyshire owns at least 131,138 shares after this. The price of the stock has increased by 11.2% since.
• EVP Finance/CFO Adam C Derbyshire sold 776 shares of SLXP stock on 02/03/2012 at the average price of 50. Adam C Derbyshire owns at least 131,138 shares after this. The price of the stock has increased by 11.2% since.
• EVP Finance/CFO Adam C Derbyshire sold 375 shares of SLXP stock on 01/18/2012 at the average price of 50. Adam C Derbyshire owns at least 131,138 shares after this. The price of the stock has increased by 11.2% since.
• EVP Finance/CFO Adam C Derbyshire sold 3,358 shares of SLXP stock on 01/17/2012 at the average price of 50.06. Adam C Derbyshire owns at least 131,138 shares after this. The price of the stock has increased by 11.07% since.

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

Directors and Officers Recent Trades:

• Director Alonzo Thomas D sold 9,550 shares of SLXP stock on 06/08/2012 at the average price of 51.63. Alonzo Thomas D owns at least 83,480 shares after this. The price of the stock has increased by 7.69% since.
• Director William P Keane sold 10,000 shares of SLXP stock on 06/05/2012 at the average price of 51.67. William P Keane owns at least 33,202 shares after this. The price of the stock has increased by 7.61% since.
• Director John F Chappell sold 3,000 shares of SLXP stock on 06/01/2012 at the average price of 51.49. John F Chappell owns at least 464,704 shares after this. The price of the stock has increased by 7.98% since.
• EVP Research&Devel & CDO William P Forbes sold 10,000 shares of SLXP stock on 05/08/2012 at the average price of 51.61. William P Forbes owns at least 76,350 shares after this. The price of the stock has increased by 7.73% since.
• Gen Counsel&VP Corp Compliance Mark D Reeth sold 1,000 shares of SLXP stock on 05/01/2012 at the average price of 48.91. Mark D Reeth owns at least 33,668 shares after this. The price of the stock has increased by 13.68% since.

For the complete insider trading history of SLXP, 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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