LOOPNET, INC. (LOOP) CEO Richard J Jr Boyle sells 8,337 Shares

CEO of LOOPNET, INC. (LOOP, Financial) Richard J Jr Boyle sells 8,337 shares of LOOP on 12/07/2009 at an average price of $11.05 a share.

LoopNet Inc is the leading online marketplace for commercial real estate in the United States, based on the number of monthly unique visitors to our marketplace. Its online marketplace, enables commercial real estate agents, working on behalf of property owners and landlords, to list properties for sale or for lease by submitting detailed property listing information in order to find a buyer or tenant. Commercial real estate brokers, agents, buyers and tenants use the LoopNet online marketplace to search for available property listings that meet their commercial real estate criteria. By connecting the sources of commercial real estate supply and demand in an efficient manner, we believe that LoopNet enables commercial real estate participants to initiate and complete more transactions more cost-effectively than through other means. LoopNet also delivers technology and information services to commercial real estate organizations to manage their online listing presence and optimi Loopnet, Inc. has a market cap of $362 million; its shares were traded at around $10.48 with a P/E ratio of 28.3 and P/S ratio of 4.1.

LOOP is in the portfolios of Chuck Royce of ROYCE & ASSOCIATES, PRIMECAP Management.

Insiders' Positions with LOOP

  • Sell:: CEO Richard J Jr Boyle sold 24,722 shares of LOOP stock on 10/14/2009 at the average price of 10, the price of the stock has increased by 4.8% since

  • Sell:: CEO Richard J Jr Boyle sold 75,278 shares of LOOP stock on 10/08/2009 at the average price of 10, the price of the stock has increased by 4.8% since



Insiders' Positions with LOOP

  • Sell:: Chief Strategy Officer and SVP Jason D Greenman sold 6,300 shares of LOOP stock on 11/16/2009 at the average price of 10.01, the price of the stock has increased by 4.7% since