CEO, 10% Owner of Universal Insurance Holdings Inc (UVE) Bradley I Meier sells 50,000 shares of UVE on 12/13/2010 at an average price of $4.75 a share.

Universal Insurance Holdings Inc has a market cap of $192.7 million; its shares were traded at around $4.92 with a P/E ratio of 13.6 and P/S ratio of 0.9. The dividend yield of Universal Insurance Holdings Inc stocks is 8.2%.

UVE is in the portfolios of Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell: CEO, 10% Owner Bradley I Meier sold 350,000 shares of UVE stock on 12/03/2010 at the average price of 4.52. Bradley I Meier owns at least 13,955,682 shares after this. The price of the stock has increased by 8.85% since.


• Sell: CEO, 10% Owner Bradley I Meier sold 125,000 shares of UVE stock on 11/24/2010 at the average price of 4.65. Bradley I Meier owns at least 14,118,276 shares after this. The price of the stock has increased by 5.81% since.


• Sell: CEO, 10% Owner Bradley I Meier sold 143,000 shares of UVE stock on 09/21/2010 at the average price of 4.37. Bradley I Meier owns at least 14,243,276 shares after this. The price of the stock has increased by 12.59% since.


• Sell: CEO, 10% Owner Bradley I Meier sold 350,000 shares of UVE stock on 09/03/2010 at the average price of 4. Bradley I Meier owns at least 14,386,276 shares after this. The price of the stock has increased by 23% since.

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

Directors and Officers Recent Trades:

• Sell: Senior V.P. and COO Sean P Downes sold 175,000 shares of UVE stock on 12/07/2010 at the average price of 4.52. Sean P Downes owns at least 1,487,490 shares after this. The price of the stock has increased by 8.85% since.


• Sell: Senior Vice President and COO Sean P Downes sold 575,000 shares of UVE stock on 09/24/2010 at the average price of 4.05. Sean P Downes owns at least 1,662,490 shares after this. The price of the stock has increased by 21.48% 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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