Echelon Corp. (ELON) Executive VP and CFO Oliver R Stanfield sells 9,333 Shares

Executive VP and CFO of Echelon Corp. (ELON, Financial) Oliver R Stanfield sells 9,333 shares of ELON on 09/16/2009 at an average price of $15.01 a share.

Echelon Corporation develops markets and supports products and services that allow everyday devices such as light switches washing machines assembly line robots thermostats gas pumps motion sensors air conditioners pumps and valves to be made `smart` and to communicate with one another and across the Internet. Their products and services are based on our LonWorks technology. Their products and services may be used across many industries to network together everyday devices in homes buildings factories and transportation systems. Echelon Corp. has a market cap of $545 million; its shares were traded at around $13.39 with and P/S ratio of 4.1.

ELON is in the portfolios of Richard Snow of Snow Capital Management, L.P..

Recent Trades of Echelon Corp. by Directors and Officers:
  • Sell: Director Armas Clifford Markkula sold 15,000 shares of ELON stock on 09/15/2009 at the average price of $13.31; the price of the stock has increased by 0.6% since.

  • Sell: Sr. VP & GM of Ser Prov Gp Frederik Bruggink sold 35,000 shares of ELON stock on 09/15/2009 at the average price of $14.05; the price of the stock has decreased by 4.7% since.

  • Sell: Senior VP Products Robert N. Machlin, sold 5,173 shares of ELON stock on 09/14/2009 at the average price of $13.2; the price of the stock has increased by 1.44% since.

  • Sell: Senior VP of Operations Russell Harris sold 9,000 shares of ELON stock on 05/14/2009 at the average price of $7.49; the price of the stock has increased by 78.77% since.

  • Sell: Director Robert R Maxfield sold 18,000 shares of ELON stock on 05/11/2009 at the average price of $8.17; the price of the stock has increased by 63.89% since.