CEO of Monro Muffler Brake Inc. (MNRO) Robert G Gross sells 61,334 shares of MNRO on 11/05/2010 at an average price of $49.94 a share.

Monro Muffler Brake Inc. has a market cap of $996.6 million; its shares were traded at around $49.67 with a P/E ratio of 25.7 and P/S ratio of 1.8. The dividend yield of Monro Muffler Brake Inc. stocks is 0.7%. Monro Muffler Brake Inc. had an annual average earning growth of 10% over the past 10 years. GuruFocus rated Monro Muffler Brake Inc. the business predictability rank of 4-star.

MNRO is in the portfolios of Chuck Royce of Royce& Associates, Mario Gabelli of GAMCO Investors, Jim Simons of Renaissance Technologies LLC.


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

Directors and Officers Recent Trades:

• Buy: Director Robert E Mellor bought 500 shares of MNRO stock on 08/11/2010 at the average price of 39.6. Robert E Mellor owns at least 8,000 shares after this. The price of the stock has increased by 25.43% since.


• Sell: Executive V.P. Finance Amico Catherine D sold 10,000 shares of MNRO stock on 08/26/2010 at the average price of 41.19. Amico Catherine D owns at least 66,358 shares after this. The price of the stock has increased by 20.59% since.


• Sell: Director Donald Glickman sold 26,400 shares of MNRO stock on 08/18/2010 at the average price of 42.03. Donald Glickman owns at least 272,333 shares after this. The price of the stock has increased by 18.18% since.


• Sell: Director Frederick M Danziger sold 20,519 shares of MNRO stock on 08/16/2010 at the average price of 40.68. Frederick M Danziger owns at least 70,205 shares after this. The price of the stock has increased by 22.1% since.


• Sell: Director Donald Glickman sold 12,800 shares of MNRO stock on 08/16/2010 at the average price of 40.4. Donald Glickman owns at least 285,133 shares after this. The price of the stock has increased by 22.95% since.

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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