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West Ban Corp. (WTBA) CEO David D Nelson buys 2,000 Shares

September 09, 2010 | About:
gurufocus

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CEO & PRESIDENT of West Ban Corp. (WTBA) David D Nelson buys 2,000 shares of WTBA on 09/08/2010 at an average price of $6.24 a share.

West Ban Corp. has a market cap of $107.2 million; its shares were traded at around $6.16 with a P/E ratio of 11.2 and P/S ratio of 1.3.

This is the annual revenues and earnings per share of WTBA over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of WTBA.


CEO Recent Trades:


  • Buy: CEO & PRESIDENT David D Nelson bought 1,000 shares of WTBA stock on 08/05/2010 at the average price of 6.93. David D Nelson owns at least 2,000 shares after this. The price of the stock has decreased by 11.11% since.

  • Buy: CEO & PRESIDENT David D Nelson bought 1,000 shares of WTBA stock on 05/17/2010 at the average price of 8.29. David D Nelson owns at least 1,000 shares after this. The price of the stock has decreased by 25.69% since.



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




Directors and Officers Recent Trades:


  • Buy: Director Frank W Berlin bought 4,000 shares of WTBA stock on 08/25/2010 at the average price of 5.68. Frank W Berlin owns at least 50,856 shares after this. The price of the stock has increased by 8.45% since.

  • Buy: Director David R Milligan bought 1,000 shares of WTBA stock on 08/23/2010 at the average price of 5.7. David R Milligan owns at least 13,375 shares after this. The price of the stock has increased by 8.07% since.

  • Buy: Director David R Milligan bought 1,000 shares of WTBA stock on 08/06/2010 at the average price of 6.65. David R Milligan owns at least 12,375 shares after this. The price of the stock has decreased by 7.37% since.

  • Buy: Director James Noyce bought 2,000 shares of WTBA stock on 05/06/2010 at the average price of 7.52. James Noyce owns at least 3,000 shares after this. The price of the stock has decreased by 18.09% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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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