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Middlesex Water Company (MSEX) CEO Dennis W Doll buys 2,000 Shares

Aug 23, 2011 | About:
insider
insider
President & CEO of Middlesex Water Company (MSEX) Dennis W Doll buys 2,000 shares of MSEX on 08/22/2011 at an average price of $17.59 a share.

Middlesex Water Company has a market cap of $275.67 million; its shares were traded at around $17.21 with a P/E ratio of 19.22 and P/S ratio of 2.68. The dividend yield of Middlesex Water Company stocks is 4.13%. Middlesex Water Company had an annual average earning growth of 1.9% over the past 10 years. GuruFocus rated Middlesex Water Company the business predictability rank of 3-star.


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




Directors and Officers Recent Trades:


  • Director Walter G Reinhard bought 13 shares of MSEX stock on 08/01/2011 at the average price of 18.52. Walter G Reinhard owns at least 937 shares after this. The price of the stock has decreased by 7.07% since.
  • Director Walter G Reinhard bought 14 shares of MSEX stock on 07/01/2011 at the average price of 18.46. Walter G Reinhard owns at least 937 shares after this. The price of the stock has decreased by 6.77% since.
  • Director Walter G Reinhard bought 50 shares of MSEX stock on 06/01/2011 at the average price of 18.29. Walter G Reinhard owns at least 81 shares after this. The price of the stock has decreased by 5.9% since.
  • Director Walter G Reinhard bought 13 shares of MSEX stock on 05/02/2011 at the average price of 18.68. Walter G Reinhard owns at least 399 shares after this. The price of the stock has decreased by 7.87% since.
  • Director Walter G Reinhard bought 49 shares of MSEX stock on 03/01/2011 at the average price of 18.33. Walter G Reinhard owns at least 399 shares after this. The price of the stock has decreased by 6.11% since.


For the complete insider trading history of MSEX, 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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