Tiffany CEO sells more than 20,000 shares, Barron's says

May 1, 2013

Michael Kowalski, CEO of Tiffany (TIF), sold more than 20,000 shares of the company at an average price to $70.36 per share between April 2-19, a time period in the middle of which the shares touched a 52-week intraday high, according to a report by Barron's Inside Scoop. The report cites analyst Sean MacNeal who notes that Kowalski received a restricted stock award in March, which to MacNeal makes the recent selling is not overly concerning.