President and COO of Level 3 Communications Inc (LVLT) Jeffrey K Storey sells 23,650 shares of LVLT on 01/03/2013 at an average price of $24.58 a share.

Level 3 Communications Inc has a market cap of $5.04 billion; its shares were traded at around $24.34 with and P/S ratio of 1.

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

CEO Recent Trades:

• CEO James Q Crowe sold 2,790 shares of LVLT stock on 10/02/2012 at the average price of 22.48. James Q Crowe owns at least 1,548,677 shares after this. The price of the stock has increased by 8.27% since.

CFO Recent Trades:

• Executive VP and CFO Sunit S Patel sold 745 shares of LVLT stock on 10/02/2012 at the average price of 22.54. Sunit S Patel owns at least 268,658 shares after this. The price of the stock has increased by 7.99% since.

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

Directors and Officers Recent Trades:

• Executive Vice President & CAO Thomas C Stortz sold 15,830 shares of LVLT stock on 01/03/2013 at the average price of 24.55. Thomas C Stortz owns at least 194,730 shares after this. The price of the stock has decreased by 0.86% since.
• President and COO Jeffrey K Storey sold 23,650 shares of LVLT stock on 01/03/2013 at the average price of 24.58. Jeffrey K Storey owns at least 300,651 shares after this. The price of the stock has decreased by 0.98% since.
• Regional President, Latin Amer Hector Alonso sold 50,000 shares of LVLT stock on 11/29/2012 at the average price of 18.77. Hector Alonso owns at least 185,082 shares after this. The price of the stock has increased by 29.68% since.
• Director Archie Clemins sold 1,000 shares of LVLT stock on 11/02/2012 at the average price of 20.26. Archie Clemins owns at least 45,919 shares after this. The price of the stock has increased by 20.14% since.
• Director Archie Clemins sold 1,000 shares of LVLT stock on 10/05/2012 at the average price of 22.72. Archie Clemins owns at least 46,919 shares after this. The price of the stock has increased by 7.13% since.

For the complete insider trading history of LVLT, 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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