What Did This CEO Just Do with Personal Shares of Meritage Corp (MTH)?

Yesterday, the CEO of Meritage Corp (MTH), Steven Hilton, sold shares of MTH for $26.56M.

Following Steven Hilton’s last MTH Sell transaction on February 27, 2015, the stock climbed by 18.3%. This is Hilton’s first transaction since reporting a Sell transaction on WAL back in February 2017

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MTH’s market cap is $2.4B and the company has a P/E ratio of 12.08. Currently, Meritage Corp has an average volume of 742.8K.

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Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses.

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