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SAC Capital Raises Stake in Movado Group, Inc. (MOV) to 5.11%

May 7, 2012 4:24 PM EDT
In a 13G filing on Movado Group, Inc. (NYSE: MOV), Steven Cohen's hedge fund SAC Capital disclosed a 5.11%, or 943,890 share, stake in the company. This is up 8,218.41% from the 11,347 shares held at the end of the latest quarter ending December 31, 2011.

For more notable holders of Movado Group, Inc. stock click here. For more information on SAC Capital click here.


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SAC Capital, Steven A. Cohen, Hedge Funds, 13G