MOVADO GROUP INC

Ticker: MOV CUSIP: 624580106 Class: COM

ASHFORD CAPITAL MANAGEMENT INC's Holding History (CIK: 0000897070)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 89,100 Value ($000) $2,946 Avg Close $39.17 Range $33.06 - $44.93

Q2 2014

Shares 89,700 Value ($000) $3,738 Avg Close $40.35 Range $35.07 - $46.23

Q1 2014

Shares 91,000 Value ($000) $4,145 Avg Close $40.76 Range $34.77 - $48.27

Q4 2013

Shares 75,350 Value ($000) $3,316 Avg Close $44.80 Range $41.57 - $48.50

Q3 2013

Shares 75,350 Value ($000) $3,297 Avg Close $39.17 Range $33.88 - $44.43

Q2 2013

Shares 78,050 Value ($000) $2,640 Avg Close $32.63 Range $29.21 - $36.97

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	89,100	$2,946	$39.17	$33.06 - $44.93
Q2 2014	89,700	$3,738	$40.35	$35.07 - $46.23
Q1 2014	91,000	$4,145	$40.76	$34.77 - $48.27
Q4 2013	75,350	$3,316	$44.80	$41.57 - $48.50
Q3 2013	75,350	$3,297	$39.17	$33.88 - $44.43
Q2 2013	78,050	$2,640	$32.63	$29.21 - $36.97