Cross Co (ATX) Senior Vice President & CFO Kevin F Mahoney sells 2,667 Shares

Senior Vice President & CFO of Cross Co (ATX) Kevin F Mahoney sells 2,667 shares of ATX on 06/30/2011 at an average price of $11.32 a share.

A.t. Cross Company has a market cap of $153.9 million; its shares were traded at around $12.46 with a P/E ratio of 20.1 and P/S ratio of 1. A.t. Cross Company had an annual average earning growth of 1.2% over the past 10 years.

CFO Recent Trades:

• Senior VP Finance & CFO Kevin F Mahoney sold 5,000 shares of ATX stock on 07/26/2011 at the average price of 14.87. Kevin F Mahoney owns at least 19,536 shares after this. The price of the stock has decreased by 16.21% since.
• Sr. VP Finance & CFO Kevin F Mahoney sold 3,285 shares of ATX stock on 07/21/2011 at the average price of 13.9. Kevin F Mahoney owns at least 24,536 shares after this. The price of the stock has decreased by 10.36% since.
• Senior VP Finance & CFO Kevin F Mahoney sold 1,715 shares of ATX stock on 07/20/2011 at the average price of 13.9. Kevin F Mahoney owns at least 27,821 shares after this. The price of the stock has decreased by 10.36% since.
• Senior VP Finance & CFO Kevin F Mahoney sold 5,000 shares of ATX stock on 07/18/2011 at the average price of 13.3. Kevin F Mahoney owns at least 29,536 shares after this. The price of the stock has decreased by 6.32% since.
• Sr. VP Finance & CFO Kevin F Mahoney sold 5,000 shares of ATX stock on 07/15/2011 at the average price of 12.9. Kevin F Mahoney owns at least 34,536 shares after this. The price of the stock has decreased by 3.41% since.

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

Directors and Officers Recent Trades:

• Corporate Controller Gary S Simpson sold 546 shares of ATX stock on 07/26/2011 at the average price of 14.77. The price of the stock has decreased by 15.64% since.
• Director of Finance Joseph V Bassi sold 682 shares of ATX stock on 07/22/2011 at the average price of 16. The price of the stock has decreased by 22.13% since.
• President, Cross Accessory Div Charles S Mellen sold 1,500 shares of ATX stock on 07/20/2011 at the average price of 13.76. Charles S Mellen owns at least 64,856 shares after this. The price of the stock has decreased by 9.45% since.
• Director of Finance Joseph V Bassi sold 5,000 shares of ATX stock on 07/20/2011 at the average price of 13.5. Joseph V Bassi owns at least 682 shares after this. The price of the stock has decreased by 7.7% since.
• President, Cross Accessory Div Charles S Mellen sold 3,000 shares of ATX stock on 07/19/2011 at the average price of 13.35. Charles S Mellen owns at least 66,356 shares after this. The price of the stock has decreased by 6.67% since.

For the complete insider trading history of ATX, 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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