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Sussex Bancorp (SBBX) CEO Anthony J Labozzetta buys 2,000 Shares

November 15, 2010 | About:
insider

insider

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President and CEO of Sussex Bancorp (SBBX) Anthony J Labozzetta buys 2,000 shares of SBBX on 11/12/2010 at an average price of $5.5 a share.

Sussex Bancorp has a market cap of $17.88 million; its shares were traded at around $5.5 with a P/E ratio of 9.82 and P/S ratio of 0.63.

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


CEO Recent Trades:


  • Buy: President / CEO Anthony J Labozzetta bought 3,000 shares of SBBX stock on 08/18/2010 at the average price of 5.03. Anthony J Labozzetta owns at least 76,170 shares after this. The price of the stock has increased by 9.34% since.

  • Buy: Pres/CEO Tri-State Ins. Agency George Lista bought 1,000 shares of SBBX stock on 08/04/2010 at the average price of 5.3. George Lista owns at least 36,881 shares after this. The price of the stock has increased by 3.77% since.

  • Buy: Pres/CEO Tri-State Ins. Agency George Lista bought 1,000 shares of SBBX stock on 06/18/2010 at the average price of 5.8. George Lista owns at least 35,881 shares after this. The price of the stock has decreased by 5.17% since.

  • Buy: Pres/CEO of Tri-State Ins. Ag. George Lista bought 1,000 shares of SBBX stock on 05/28/2010 at the average price of 6.5. George Lista owns at least 34,881 shares after this. The price of the stock has decreased by 15.38% since.

  • Buy: President/CEO Anthony J Labozzetta bought 1,000 shares of SBBX stock on 05/26/2010 at the average price of 6.15. Anthony J Labozzetta owns at least 73,170 shares after this. The price of the stock has decreased by 10.57% since.


CFO Recent Trades:


  • Buy: SVP and CFO Steven Mark Anthony Fusco bought 3,300 shares of SBBX stock on 11/10/2010 at the average price of 5.41. Steven Mark Anthony Fusco owns at least 35,056 shares after this. The price of the stock has increased by 1.66% since.

  • Buy: SVP and CFO Steven Mark Anthony Fusco bought 150 shares of SBBX stock on 09/16/2010 at the average price of 5. Steven Mark Anthony Fusco owns at least 31,756 shares after this. The price of the stock has increased by 10% since.



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




Directors and Officers Recent Trades:


  • Buy: Director Patrick Brady bought 366 shares of SBBX stock on 11/11/2010 at the average price of 5.63. Patrick Brady owns at least 11,994 shares after this. The price of the stock has decreased by 2.31% since.

  • Buy: Director Patrick Brady bought 500 shares of SBBX stock on 09/15/2010 at the average price of 4.9. Patrick Brady owns at least 11,628 shares after this. The price of the stock has increased by 12.24% since.

  • Buy: Director Edward J Leppert bought 953 shares of SBBX stock on 09/09/2010 at the average price of 5. Edward J Leppert owns at least 35,895 shares after this. The price of the stock has increased by 10% since.

  • Buy: Director Edward J Leppert bought 403 shares of SBBX stock on 08/30/2010 at the average price of 5. Edward J Leppert owns at least 34,942 shares after this. The price of the stock has increased by 10% since.

  • Buy: Director Edward J Leppert bought 694 shares of SBBX stock on 08/27/2010 at the average price of 5. Edward J Leppert owns at least 34,539 shares after this. The price of the stock has increased by 10% 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


Rating: 3.5/5 (4 votes)

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