EVP, CTO of Ellie Mae Inc (ELLI) Limin Hu sells 10,000 shares of ELLI on 12/17/2012 at an average price of $23.7 a share.

Ellie Mae Inc has a market cap of $592.8 million; its shares were traded at around $24.41 with a P/E ratio of 30 and P/S ratio of 10.7.

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

CEO Recent Trades:

• CEO Sigmund Anderman sold 125,000 shares of ELLI stock on 12/05/2012 at the average price of 23.95. Sigmund Anderman owns at least 524,137 shares after this. The price of the stock has increased by 1.92% since.
• CEO Sigmund Anderman sold 20,000 shares of ELLI stock on 11/06/2012 at the average price of 23.95. Sigmund Anderman owns at least 524,137 shares after this. The price of the stock has increased by 1.92% since.
• CEO Sigmund Anderman sold 105,000 shares of ELLI stock on 11/05/2012 at the average price of 23.43. Sigmund Anderman owns at least 524,137 shares after this. The price of the stock has increased by 4.18% since.
• CEO Sigmund Anderman sold 125,000 shares of ELLI stock on 10/03/2012 at the average price of 27.05. Sigmund Anderman owns at least 524,137 shares after this. The price of the stock has decreased by 9.76% since.

CFO Recent Trades:

• CFO Edgar Luce sold 5,000 shares of ELLI stock on 12/03/2012 at the average price of 24.48. Edgar Luce owns at least 1,545 shares after this. The price of the stock has decreased by 0.29% since.
• CFO Edgar Luce sold 5,000 shares of ELLI stock on 11/01/2012 at the average price of 25.07. Edgar Luce owns at least 1,545 shares after this. The price of the stock has decreased by 2.63% since.
• CFO Edgar Luce sold 10,000 shares of ELLI stock on 10/01/2012 at the average price of 26.95. Edgar Luce owns at least 1,545 shares after this. The price of the stock has decreased by 9.42% since.
• CFO Edgar Luce sold 20,000 shares of ELLI stock on 07/03/2012 at the average price of 17. Edgar Luce owns at least 1,545 shares after this. The price of the stock has increased by 43.59% since.

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

Directors and Officers Recent Trades:

• EVP, CTO Limin Hu sold 10,000 shares of ELLI stock on 12/17/2012 at the average price of 23.7. Limin Hu owns at least 349,510 shares after this. The price of the stock has increased by 3% since.
• EVP, CTO Limin Hu sold 10,000 shares of ELLI stock on 12/10/2012 at the average price of 23.54. Limin Hu owns at least 359,510 shares after this. The price of the stock has increased by 3.7% since.
• Exec VP, General Counsel & Sct Elisa Lee sold 10,416 shares of ELLI stock on 12/05/2012 at the average price of 23.7. The price of the stock has increased by 3% since.
• COO Jonathan Corr sold 16,000 shares of ELLI stock on 12/03/2012 at the average price of 24.35. Jonathan Corr owns at least 27,590 shares after this. The price of the stock has increased by 0.25% since.
• EVP, CTO Limin Hu sold 10,000 shares of ELLI stock on 12/03/2012 at the average price of 24.55. Limin Hu owns at least 369,510 shares after this. The price of the stock has decreased by 0.57% since.

For the complete insider trading history of ELLI, 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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