CEO of Meritage Homes Corp. (MTH) Steven J Hilton sells 9,351 shares of MTH on 02/15/2012 at an average price of $27.93 a share.

Meritage Homes Corp. has a market cap of $864 million; its shares were traded at around $27.04 with and P/S ratio of 1.

CFO Recent Trades:

• Executive VP - CFO Larry Wayne Seay sold 29,362 shares of MTH stock on 02/14/2012 at the average price of 27.24. Larry Wayne Seay owns at least 35,000 shares after this. The price of the stock has decreased by 0.73% 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:

• EVP - Gen. Counsel, Secretary C Timothy White sold 17,500 shares of MTH stock on 02/14/2012 at the average price of 26.93. C Timothy White owns at least 35,000 shares after this. The price of the stock has increased by 0.41% since.
• Exec VP - COO Steven M Davis sold 4,113 shares of MTH stock on 02/14/2012 at the average price of 26.93. Steven M Davis owns at least 35,000 shares after this. The price of the stock has increased by 0.41% since.
• Chief Accounting Officer Hilla Sferruzza sold 357 shares of MTH stock on 02/10/2012 at the average price of 27.03. Hilla Sferruzza owns at least 13,800 shares after this. The price of the stock has increased by 0.04% since.
• EVP - Gen. Counsel, Secretary C Timothy White sold 10,000 shares of MTH stock on 02/10/2012 at the average price of 26.72. C Timothy White owns at least 35,000 shares after this. The price of the stock has increased by 1.2% since.
• Chief Accounting Officer Hilla Sferruzza sold 2,200 shares of MTH stock on 02/06/2012 at the average price of 28.28. Hilla Sferruzza owns at least 9,000 shares after this. The price of the stock has decreased by 4.38% 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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