CFO of Endologix, Inc. (ELGX) Robert John Krist sells 77,470 shares of ELGX on 12/12/2012 at an average price of $13.94 a share.

Endologix, Inc. has a market cap of $899.5 million; its shares were traded at around $13.61 with and P/S ratio of 8.6.

CFO Recent Trades:

• CFO Robert John Krist sold 77,470 shares of ELGX stock on 12/12/2012 at the average price of 13.94. Robert John Krist owns at least 142,236 shares after this. The price of the stock has decreased by 2.37% since.

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

Directors and Officers Recent Trades:

• VP of Operations Todd Abraham bought 1,500 shares of ELGX stock on 08/01/2012 at the average price of 11.69. Todd Abraham owns at least 30,194 shares after this. The price of the stock has increased by 16.42% since.
• Director Gregory D Waller sold 60,000 shares of ELGX stock on 12/11/2012 at the average price of 13.91. Gregory D Waller owns at least 7,102 shares after this. The price of the stock has decreased by 2.16% since.
• VP, International Martin Tyler sold 6,547 shares of ELGX stock on 11/30/2012 at the average price of 14.2. Martin Tyler owns at least 14,472 shares after this. The price of the stock has decreased by 4.15% since.
• Vice President RA/QA/QC Janet Mary Fauls sold 33,000 shares of ELGX stock on 11/23/2012 at the average price of 13.67. Janet Mary Fauls owns at least 60,450 shares after this. The price of the stock has decreased by 0.44% since.
• Director Greef Roderick De sold 40,000 shares of ELGX stock on 11/19/2012 at the average price of 13.9. Greef Roderick De owns at least 7,102 shares after this. The price of the stock has decreased by 2.09% since.

For the complete insider trading history of ELGX, 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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