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MainSource Financial Group Inc (MSFG) Chairman Robert E Hoptry sells 4,000 Shares

December 14, 2010 | About:
insider

insider

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Chairman of MainSource Financial Group Inc (MSFG) Robert E Hoptry sells 4,000 shares of MSFG on 12/14/2010 at an average price of $10.5 a share.

Mainsource Financial Group Inc has a market cap of $210.6 million; its shares were traded at around $10.46 with a P/E ratio of 21.3 and P/S ratio of 1.1. The dividend yield of Mainsource Financial Group Inc stocks is 0.4%.

MSFG is in the portfolios of Arnold Schneider of Schneider Capital Management.

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


CEO Recent Trades:


  • Buy: President and CEO Archie M Jr Brown bought 947 shares of MSFG stock on 08/23/2010 at the average price of 5.84. Archie M Jr Brown owns at least 9,514 shares after this. The price of the stock has increased by 79.11% since.



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




Directors and Officers Recent Trades:


  • Sell: Chairman Robert E Hoptry sold 14,100 shares of MSFG stock on 12/10/2010 at the average price of 9.54. Robert E Hoptry owns at least 181,702 shares after this. The price of the stock has increased by 9.64% since.

  • Sell: Director Rick S Hartman sold 25,000 shares of MSFG stock on 11/03/2010 at the average price of 8.36. Rick S Hartman owns at least 230,109 shares after this. The price of the stock has increased by 25.12% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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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