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Middleby Corp. (MIDD) CFO Timothy John Fitzgerald sells 5,714 Shares

Feb 08, 2012 | About:
insider
insider
CFO of Middleby Corp. (MIDD) Timothy John Fitzgerald sells 5,714 shares of MIDD on 02/03/2012 at an average price of $99 a share.

Middleby Corp. has a market cap of $1.78 billion; its shares were traded at around $95.42 with a P/E ratio of 21.3 and P/S ratio of 2.5. Middleby Corp. had an annual average earning growth of 30% over the past 10 years. GuruFocus rated Middleby Corp. the business predictability rank of 3-star.

CFO Recent Trades:


  • CFO Timothy John Fitzgerald sold 5,714 shares of MIDD stock on 12/27/2011 at the average price of 97.75. Timothy John Fitzgerald owns at least 163,165 shares after this. The price of the stock has decreased by 2.38% since.

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




Directors and Officers Recent Trades:


  • Director Ryan Levenson sold 830 shares of MIDD stock on 09/01/2011 at the average price of 80.13. Ryan Levenson owns at least 3,170 shares after this. The price of the stock has increased by 19.08% since.


For the complete insider trading history of MIDD, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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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