Senior EVP, Treasurer & CFO of The Macerich Company (MAC) Hern Thomas E O sells 6,000 shares of MAC on 02/15/2012 at an average price of $54.95 a share.

The Macerich Company has a market cap of $7.26 billion; its shares were traded at around $55.47 with a P/E ratio of 19.5 and P/S ratio of 9. The dividend yield of The Macerich Company stocks is 4%.

CFO Recent Trades:

• Senior EVP, Treasurer & CFO Hern Thomas E O sold 6,000 shares of MAC stock on 01/13/2012 at the average price of 51.85. Hern Thomas E O owns at least 131,221 shares after this. The price of the stock has increased by 6.98% since.
• Senior EVP, Treasurer & CFO Hern Thomas E O sold 6,000 shares of MAC stock on 12/15/2011 at the average price of 48.53. Hern Thomas E O owns at least 137,221 shares after this. The price of the stock has increased by 14.3% since.
• 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 12.81% 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 24.96% 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 17.7% 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 increased by 11.12% 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 increased by 10.13% 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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