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New Century Bancorp Inc. (NCBC) CEO William L Hedgepeth buys 967 Shares

Aug 18, 2011 | About: NCBC +7.85%
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President & CEO of New Century Bancorp Inc. (NCBC) William L Hedgepeth buys 967 shares of NCBC on 08/18/2011 at an average price of $3.5 a share.

New Century Bancorp Inc. has a market cap of $21.1 million; its shares were traded at around $3.23 with and P/S ratio of 0.6.


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




Directors and Officers Recent Trades:


  • Director Carlie C Mclamb Jr bought 1,620 shares of NCBC stock on 06/28/2011 at the average price of 4.75. Carlie C Mclamb Jr owns at least 39,723 shares after this. The price of the stock has decreased by 32% since.
  • Director Carlie C Mclamb Jr bought 1,124 shares of NCBC stock on 06/21/2011 at the average price of 4.75. Carlie C Mclamb Jr owns at least 38,113 shares after this. The price of the stock has decreased by 32% since.
  • Director Carlie C Mclamb Jr bought 4,206 shares of NCBC stock on 06/20/2011 at the average price of 4.75. Carlie C Mclamb Jr owns at least 36,989 shares after this. The price of the stock has decreased by 32% since.
  • Director Carlie C Mclamb Jr bought 3,050 shares of NCBC stock on 06/16/2011 at the average price of 4.75. Carlie C Mclamb Jr owns at least 32,783 shares after this. The price of the stock has decreased by 32% since.


For the complete insider trading history of NCBC, click here.

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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