Executive VP - CFO of Meritage Homes Corp. (MTH) Larry Wayne Seay sells 36,000 shares of MTH on 03/15/2010 at an average price of $22.06 a share.

Meritage Homes Corp. has a market cap of $699 million; its shares were traded at around $21.84 with and P/S ratio of 0.7.

MTH is in the portfolios of Bill Miller of Legg Mason Value Trust, Steven Cohen of SAC Capital Advisors, Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell:: CEO Steven J Hilton sold 20,000 shares of MTH stock on 02/08/2010 at the average price of 21.64, the price of the stock has increased by 0.92% since.

CFO Recent Trades:

• Sell:: Executive VP - CFO Larry Wayne Seay sold 30,000 shares of MTH stock on 11/09/2009 at the average price of 20.18, the price of the stock has increased by 8.23% 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:

• Sell:: Exec VP - COO Steven M Davis sold 7,500 shares of MTH stock on 02/12/2010 at the average price of 22.27, the price of the stock has decreased by 1.93% since.


• Sell:: EVP, Gen. Counsel, Secretary C Timothy White sold 22,500 shares of MTH stock on 02/11/2010 at the average price of 22.16, the price of the stock has decreased by 1.44% since.


• Sell:: Director Raymond Oppel sold 5,000 shares of MTH stock on 01/29/2010 at the average price of 22.12, the price of the stock has decreased by 1.27% since.


• Sell:: Exec VP - COO Steven M Davis sold 7,500 shares of MTH stock on 11/11/2009 at the average price of 20.18, the price of the stock has increased by 8.23% since.


• Sell:: Director Robert Gary Sarver sold 10,000 shares of MTH stock on 11/11/2009 at the average price of 20.23, the price of the stock has increased by 7.96% since.

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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