EVP and CFO of NewBridge Bancorp (NBBC) Ramsey K Hamadi buys 1,500 shares of NBBC on 07/30/2010 at an average price of $3.65 a share.

Newbridge Bancorp has a market cap of $55.7 million; its shares were traded at around $3.56 with and P/S ratio of 0.5.

NBBC is in the portfolios of Diamond Hill Capital of Diamond Hill Capital Management Inc.

CFO Recent Trades:

• Buy: EVP and CFO Ramsey K Hamadi bought 2,500 shares of NBBC stock on 05/20/2010 at the average price of 3.99. Ramsey K Hamadi owns at least 40,752 shares after this. The price of the stock has decreased by 10.78% since.


• Buy: EVP and CFO Ramsey K Hamadi bought 1,000 shares of NBBC stock on 05/19/2010 at the average price of 4.2. Ramsey K Hamadi owns at least 38,252 shares after this. The price of the stock has decreased by 15.24% since.


• Buy: EVP and CFO Ramsey K Hamadi bought 1,500 shares of NBBC stock on 05/18/2010 at the average price of 4.45. Ramsey K Hamadi owns at least 37,252 shares after this. The price of the stock has decreased by 20% since.

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

Directors and Officers Recent Trades:

• Buy: Director Joseph H Kinnarney bought 1,570 shares of NBBC stock on 07/27/2010 at the average price of 3.89. Joseph H Kinnarney owns at least 53,011 shares after this. The price of the stock has decreased by 8.48% since.


• Buy: Director John F Watts bought 1,576 shares of NBBC stock on 07/27/2010 at the average price of 3.89. John F Watts owns at least 36,559 shares after this. The price of the stock has decreased by 8.48% since.


• Buy: Director Julius S Jr Young bought 1,210 shares of NBBC stock on 07/27/2010 at the average price of 3.89. Julius S Jr Young owns at least 77,924 shares after this. The price of the stock has decreased by 8.48% since.


• Buy: Director G Alfred Webster bought 600 shares of NBBC stock on 06/14/2010 at the average price of 4.74. G Alfred Webster owns at least 5,058 shares after this. The price of the stock has decreased by 24.89% since.


• Buy: Director G Alfred Webster bought 1,000 shares of NBBC stock on 06/08/2010 at the average price of 4.3. G Alfred Webster owns at least 4,458 shares after this. The price of the stock has decreased by 17.21% 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

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