Senior EVP, Treasurer & CFO of The Macerich Company (MAC) Hern Thomas E O sells 6,000 shares of MAC on 12/15/2011 at an average price of $48.53 a share.

Macerich Co. has a market cap of $6.35 billion; its shares were traded at around $49.2 with a P/E ratio of 17.4 and P/S ratio of 8.5. The dividend yield of Macerich Co. stocks is 4.7%.

CFO Recent Trades:

• Senior EVP, Treasurer & CFO Hern Thomas E O sold 6,000 shares of MAC stock on 11/15/2011 at the average price of 49.17. Hern Thomas E O owns at least 144,271 shares after this. The price of the stock has increased by 0.06% since.
• Senior EVP, Treasurer & CFO Hern Thomas E O sold 6,000 shares of MAC stock on 10/14/2011 at the average price of 44.39. Hern Thomas E O owns at least 150,271 shares after this. The price of the stock has increased by 10.84% since.
• Senior EVP, Treasurer & CFO Hern Thomas E O sold 6,000 shares of MAC stock on 09/15/2011 at the average price of 47.13. Hern Thomas E O owns at least 156,271 shares after this. The price of the stock has increased by 4.39% since.

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

Directors and Officers Recent Trades:

• Director Dr William P Sexton sold 2,000 shares of MAC stock on 12/07/2011 at the average price of 49.92. Dr William P Sexton owns at least 8,895 shares after this. The price of the stock has decreased by 1.44% since.
• Director Dr William P Sexton sold 1,400 shares of MAC stock on 11/11/2011 at the average price of 50.37. Dr William P Sexton owns at least 8,895 shares after this. The price of the stock has decreased by 2.32% since.
• EVP, Real Estate Randy L Brant sold 10,000 shares of MAC stock on 08/16/2011 at the average price of 50.1. Randy L Brant owns at least 69,978 shares after this. The price of the stock has decreased by 1.8% since.
• Director Dr William P Sexton sold 2,000 shares of MAC stock on 08/15/2011 at the average price of 50.92. Dr William P Sexton owns at least 8,895 shares after this. The price of the stock has decreased by 3.38% since.

For the complete insider trading history of MAC, 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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