CFO Sallie Demarsilis Sells Shares of MOV
Sallie Demarsilis, MOV's CFO, sold 11,005 shares at $38.38 each.
Key Points
- Sallie Demarsilis, CFO of MOV, sold 11,005 shares on June 18, 2026, for $38.38 each, totaling $422,371.9.
- MOV shares traded near $39.25 on Wednesday, with several institutional investors adjusting their holdings.
- Analysts from BWS Financial maintained a 'buy' rating with a $45 price target as of May 28, 2026.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Sallie Demarsilis, Chief Financial Officer of MOV, sold 11,005 shares of the company on June 18, 2026. The shares were sold at an average price of $38.38 each, resulting in a total transaction value of $422,371.9.
Other Institutional Activity in MOV
BlackRock, Inc. increased its holdings in MOV by 28,362 shares, bringing its total to 1,206,443 shares valued at about $29.46 million, a 2.4% increase. Royce & Associates LP added 111,873 shares to its stake, now holding 1,164,334 shares worth approximately $28.43 million, reflecting a 10.6% increase. Goldman Sachs Group Inc. also grew its position by 26,737 shares, ending with 914,981 shares valued at $22.34 million, a 3.0% increase. Dimensional Fund Advisors LP, however, trimmed its holdings by 8,507 shares, now holding 852,616 shares valued at $20.82 million, a 1.0% decrease. Brandes Investment Partners, LP expanded its stake by 35,156 shares to 739,192 shares, valued at $18.05 million, marking a 5.0% increase. Meanwhile, Vanguard Capital Management LLC opened a new position with 657,684 shares valued at $16.06 million.
Movado Group, Inc. Stock Up 13.8%
Shares of MOV traded near $39.25 on Wednesday. The stock is currently experiencing activity from various institutional investors, indicating a dynamic interest in its performance.
$MOV stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Movado Group, Inc.
In addition to Sallie Demarsilis' sale, Mitchell Cole, Senior VP and General Counsel, executed multiple transactions on June 22, 2026. Cole sold 6,245 shares at $39.26, bought 7,980 shares at $23.35, and sold another 7,980 shares at an unspecified price. These transactions were not part of a pre-planned trading program.
Analysts Set New Price Targets
On May 28, 2026, BWS Financial maintained its 'buy' rating for MOV, setting a price target of $45. Benchmark Co. has consistently maintained a 'buy' rating with a $41 target, while Cowen & Co. held a 'hold' rating with a $32 target.
Bottom Line
Sallie Demarsilis' recent sale of MOV shares is a noteworthy move, reflecting her activity in the company's stock. Institutional investors are actively adjusting their positions, showing varied confidence levels. Analyst ratings suggest optimism, with BWS Financial maintaining a 'buy' rating and a $45 target. Investors should remember that insider transactions and analyst opinions are just pieces of the larger puzzle when evaluating a stock's potential.
Get Movado Group, Inc. alerts
New 13F filings, insider trades, and analyst moves on $MOV, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.