Exec VP - COO of Meritage Homes Corp. (MTH) Steven M Davis sells 16,000 shares of MTH on 03/08/2011 at an average price of $25.56 a share.

Meritage Homes Corp. has a market cap of $794 million; its shares were traded at around $24.58 with a P/E ratio of 87.8 and P/S ratio of 0.8.

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

CEO Recent Trades:

• Sell: CEO Steven J Hilton sold 10,492 shares of MTH stock on 02/14/2011 at the average price of 25.74. Steven J Hilton owns at least 1,843,212 shares after this. The price of the stock has decreased by 4.51% since.

CFO Recent Trades:

• Sell: Executive VP - CFO Larry Wayne Seay sold 5,638 shares of MTH stock on 02/14/2011 at the average price of 25.74. Larry Wayne Seay owns at least 105,327 shares after this. The price of the stock has decreased by 4.51% since.

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

Directors and Officers Recent Trades:

• Sell: EVP - Gen. Counsel, Secretary C Timothy White sold 5,638 shares of MTH stock on 02/14/2011 at the average price of 25.74. C Timothy White owns at least 70,626 shares after this. The price of the stock has decreased by 4.51% since.
• Sell: Exec VP - COO Steven M Davis sold 3,301 shares of MTH stock on 02/14/2011 at the average price of 25.74. Steven M Davis owns at least 62,118 shares after this. The price of the stock has decreased by 4.51% since.
• Sell: Chief Accounting Officer Hilla Sferruzza sold 360 shares of MTH stock on 01/18/2011 at the average price of 24.38. Hilla Sferruzza owns at least 4,640 shares after this. The price of the stock has increased by 0.82% since.
• Sell: Exec VP - COO Steven M Davis sold 4,922 shares of MTH stock on 11/03/2010 at the average price of 18.25. Steven M Davis owns at least 45,419 shares after this. The price of the stock has increased by 34.68% since.

For the complete insider trading history of MTH, 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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