CFO of Middleby Corporation (MIDD) Timothy John Fitzgerald sells 5,715 shares of MIDD on 02/12/2013 at an average price of $150 a share.

Middleby Corporation has a market cap of $2.75 billion; its shares were traded at around $146.56 with a P/E ratio of 23.1 and P/S ratio of 2.8. Middleby Corporation had an annual average earning growth of 20.7% over the past 10 years. GuruFocus rated Middleby Corporation the business predictability rank of 2.5-star.

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

CEO Recent Trades:

• CEO, Chairman, President Selim A Bassoul sold 35,000 shares of MIDD stock on 12/18/2012 at the average price of 130. Selim A Bassoul owns at least 376,172 shares after this. The price of the stock has increased by 12.74% since.

CFO Recent Trades:

• CFO Timothy John Fitzgerald sold 5,715 shares of MIDD stock on 02/12/2013 at the average price of 150. Timothy John Fitzgerald owns at least 96,786 shares after this. The price of the stock has decreased by 2.29% since.
• CFO Timothy John Fitzgerald sold 5,715 shares of MIDD stock on 02/01/2013 at the average price of 145. Timothy John Fitzgerald owns at least 102,501 shares after this. The price of the stock has increased by 1.08% since.
• CFO Timothy John Fitzgerald sold 11,430 shares of MIDD stock on 01/23/2013 at the average price of 137.5. Timothy John Fitzgerald owns at least 108,216 shares after this. The price of the stock has increased by 6.59% since.
• CFO Timothy John Fitzgerald sold 5,715 shares of MIDD stock on 12/18/2012 at the average price of 130. Timothy John Fitzgerald owns at least 119,646 shares after this. The price of the stock has increased by 12.74% 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 John R Miller Iii sold 2,000 shares of MIDD stock on 08/31/2012 at the average price of 114.45. John R Miller Iii owns at least 12,000 shares after this. The price of the stock has increased by 28.06% since.
• Director John R Miller Iii sold 10,000 shares of MIDD stock on 08/28/2012 at the average price of 113.07. John R Miller Iii owns at least 14,000 shares after this. The price of the stock has increased by 29.62% since.

For the complete insider trading history of MIDD, 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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