Chairman of BancFirst Corp. (BANF) H E Rainbolt buys 1,000 shares of BANF on 07/07/2010 at an average price of $36.43 a share.

Bancfirst Corp. has a market cap of $576.8 million; its shares were traded at around $37.58 with a P/E ratio of 16.9 and P/S ratio of 2.5. The dividend yield of Bancfirst Corp. stocks is 2.4%. Bancfirst Corp. had an annual average earning growth of 5.1% over the past 10 years.

BANF is in the portfolios of Jim Simons of Renaissance Technologies LLC, Chuck Royce of Royce& Associates.

CFO Recent Trades:

• Sell: EVP & CFO Joe T Jr Shockley sold 1,000 shares of BANF stock on 04/22/2010 at the average price of 46. Joe T Jr Shockley owns at least 11,343 shares after this. The price of the stock has decreased by 18.3% since.


• Sell: EVP & CFO Joe T Jr Shockley sold 1,500 shares of BANF stock on 01/29/2010 at the average price of 40.29. Joe T Jr Shockley owns at least 6,400 shares after this. The price of the stock has decreased by 6.73% since.

This is the insider trade history vs. stock price of BANF. For the complete insider trading history of BANF, click here.

Directors and Officers Recent Trades:

• Sell: Director Melvin Moran sold 1,800 shares of BANF stock on 04/22/2010 at the average price of 46.82. Melvin Moran owns at least 134,058 shares after this. The price of the stock has decreased by 19.74% since.


• Sell: EVP Randy Foraker sold 2,724 shares of BANF stock on 03/05/2010 at the average price of 41.53. The price of the stock has decreased by 9.51% since.


• Sell: EVP Dennis L Brand sold 3,072 shares of BANF stock on 03/05/2010 at the average price of 42. The price of the stock has decreased by 10.52% since.


• Sell: EVP Randy Foraker sold 2,500 shares of BANF stock on 03/03/2010 at the average price of 41.6. Randy Foraker owns at least 224 shares after this. The price of the stock has decreased by 9.66% since.


• Sell: EVP Darryl Schmidt sold 2,000 shares of BANF stock on 02/17/2010 at the average price of 39.51. The price of the stock has decreased by 4.88% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool