Exec Insiders and Institutional Investors Buying Zale’s Stock in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Zale Corporation (NYSE:ZLC).

SEC data indicate these insiders have bought Zale Corporation’s stock since 06/30/2011:

Gilman Kenneth B: act as Director. On 09/12/2011, bought 5,000 shares, worth $19,100.

SEC data indicate that these institutions significantly increased their stock shares of Zale Corporation in Q3 2011:

MAVERICK CAPITAL LTD: On 06/30/2011, held 0 shares. On 09/30/2011, held 961,242 shares, worth $2,739,540.

SAC CAPITAL ADVISORS LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 45,883 shares, worth $130,767.

SUSQUEHANNA INTERNATIONAL GROUP, LLP: On 06/30/2011, held 0 shares. On 09/30/2011, held 32,421 shares, worth $92,400.

UBS AG: On 06/30/2011, held 0 shares. On 09/30/2011, held 31,793 shares, worth $90,610.

About the company: Zale Corporation operates retail jewelry stores under the Zales, Gordon’s, and Bailey Banks & Biddle names. The Company’s stores are located primarily in shopping malls in the United States and Puerto Rico. Zales offers moderately priced jewelry, Gordon’s offers merchandise at somewhat higher prices, and Bailey Banks & Biddle offers upscale jewelry.

Competitors to Watch: Signet Jewelers Ltd. (NYSE:SIG), Blue Nile, Inc. (NASDAQ:NILE), DGSE Companies, Inc. (AMEX:DGSE), Tiffany & Co. (NYSE:TIF), Birks & Mayors Inc. (AMEX:BMJ), Nordstrom (NYSE:JWN), J.C. Penney (NYSE:JCP), Macy’s (NYSE:M) and Saks (NYSE:SKS).

(Note: Data regarding Zale Corporation’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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