Chairman - CEO, 10% Owner of MOV Corporation Limited (MOV) Efraim Grinberg sells 1,700 shares of MOV on 12/21/2012 at an average price of $30.24 a share.

Movado Group Inc has a market cap of $760.5 million; its shares were traded at around $29.2 with a P/E ratio of 21.9 and P/S ratio of 1.7. The dividend yield of Movado Group Inc stocks is 0.6%.

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

CEO Recent Trades:

• Chairman - CEO, 10% Owner Efraim Grinberg sold 1,700 shares of MOV stock on 12/21/2012 at the average price of 30.24. Efraim Grinberg owns at least 265,990 shares after this. The price of the stock has decreased by 3.44% since.

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

Directors and Officers Recent Trades:

• President - COO Richard Cote sold 40,000 shares of MOV stock on 12/20/2012 at the average price of 30.64. Richard Cote owns at least 517,190 shares after this. The price of the stock has decreased by 4.7% since.
• President - COO Richard Cote sold 57,217 shares of MOV stock on 12/19/2012 at the average price of 31.61. Richard Cote owns at least 557,190 shares after this. The price of the stock has decreased by 7.62% since.
• Director Nathan Leventhal sold 3,000 shares of MOV stock on 09/24/2012 at the average price of 35.74. Nathan Leventhal owns at least 5,646 shares after this. The price of the stock has decreased by 18.3% since.
• 10% Owner Miriam Grinberg Phalen sold 20,000 shares of MOV stock on 08/29/2012 at the average price of 34.77. Miriam Grinberg Phalen owns at least 28,961 shares after this. The price of the stock has decreased by 16.02% since.

For the complete insider trading history of MOV, 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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