CFO of Steven Madden Ltd. (SHOO) Arvind Dharia sells 22,600 shares of SHOO on 08/07/2012 at an average price of $40.86 a share.

Steven Madden, Ltd. has a market cap of $1.77 billion; its shares were traded at around $40.69 with a P/E ratio of 16.3 and P/S ratio of 1.8. Steven Madden, Ltd. had an annual average earning growth of 21.7% over the past 10 years. GuruFocus rated Steven Madden, Ltd. the business predictability rank of 3-star.

This is the annual revenues and earnings per share of SHOO over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of SHOO.

CEO Recent Trades:

• CEO and Chairman of the Board Edward R. Rosenfeld sold 9,000 shares of SHOO stock on 03/16/2012 at the average price of 43.97. Edward R. Rosenfeld owns at least 147,375 shares after this. The price of the stock has decreased by 7.46% since.

CFO Recent Trades:

• CFO Arvind Dharia sold 10,000 shares of SHOO stock on 03/01/2012 at the average price of 45. Arvind Dharia owns at least 96,003 shares after this. The price of the stock has decreased by 9.58% since.
• CFO Arvind Dharia sold 19,002 shares of SHOO stock on 02/24/2012 at the average price of 42.32. Arvind Dharia owns at least 106,003 shares after this. The price of the stock has decreased by 3.85% since.

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

Directors and Officers Recent Trades:

• Brand Director Robert Schmertz sold 42,188 shares of SHOO stock on 06/19/2012 at the average price of 36.54. Robert Schmertz owns at least 226,625 shares after this. The price of the stock has increased by 11.36% since.
• EVP of Wholesale Amelia Varela sold 37,500 shares of SHOO stock on 03/13/2012 at the average price of 43.53. The price of the stock has decreased by 6.52% since.
• Brand Director Robert Schmertz sold 22,500 shares of SHOO stock on 03/02/2012 at the average price of 43.27. Robert Schmertz owns at least 226,625 shares after this. The price of the stock has decreased by 5.96% since.
• COO Awadhesh K Sinha sold 11,875 shares of SHOO stock on 03/01/2012 at the average price of 43.62. Awadhesh K Sinha owns at least 52,500 shares after this. The price of the stock has decreased by 6.72% since.
• Director John L Madden sold 15,000 shares of SHOO stock on 02/29/2012 at the average price of 43.31. John L Madden owns at least 24,750 shares after this. The price of the stock has decreased by 6.05% since.

For the complete insider trading history of SHOO, 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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