EVP and CFO of NewBridge Bancorp (NBBC) Ramsey K Hamadi buys 1,000 shares of NBBC on 11/01/2010 at an average price of $3.85 a share.

Newbridge Bancorp has a market cap of $61.6 million; its shares were traded at around $3.95 with and P/S ratio of 0.5.

NBBC is in the portfolios of Jim Simons of Renaissance Technologies LLC, Diamond Hill Capital of Diamond Hill Capital Management Inc.

CFO Recent Trades:

• Buy: EVP and CFO Ramsey K Hamadi bought 1,000 shares of NBBC stock on 08/25/2010 at the average price of 3.24. Ramsey K Hamadi owns at least 45,302 shares after this. The price of the stock has increased by 21.91% since.


• Buy: EVP and CFO Ramsey K Hamadi bought 2,050 shares of NBBC stock on 08/24/2010 at the average price of 3.47. Ramsey K Hamadi owns at least 44,302 shares after this. The price of the stock has increased by 13.83% since.


• Buy: EVP and CFO Ramsey K Hamadi bought 1,500 shares of NBBC stock on 07/30/2010 at the average price of 3.65. Ramsey K Hamadi owns at least 42,252 shares after this. The price of the stock has increased by 8.22% since.


• 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 1% 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 5.95% 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 Julius S Jr Young bought 1,319 shares of NBBC stock on 10/26/2010 at the average price of 3.88. Julius S Jr Young owns at least 79,623 shares after this. The price of the stock has increased by 1.8% since.


• Buy: Director Joseph H Kinnarney bought 1,654 shares of NBBC stock on 10/26/2010 at the average price of 3.88. Joseph H Kinnarney owns at least 55,062 shares after this. The price of the stock has increased by 1.8% since.


• Buy: Director John F Watts bought 2,002 shares of NBBC stock on 10/26/2010 at the average price of 3.88. John F Watts owns at least 39,101 shares after this. The price of the stock has increased by 1.8% since.


• Buy: Director Joseph H Kinnarney bought 397 shares of NBBC stock on 08/20/2010 at the average price of 3.86. Joseph H Kinnarney owns at least 53,408 shares after this. The price of the stock has increased by 2.33% since.


• Buy: Director John F Watts bought 540 shares of NBBC stock on 08/20/2010 at the average price of 3.86. John F Watts owns at least 37,099 shares after this. The price of the stock has increased by 2.33% 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