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AmeriServ Financial Inc. (ASRV) CEO Gregor T Iv Young buys 5,000 Shares

September 09, 2011 | About:
insider

insider

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President & CEO of Trust Co. of AmeriServ Financial Inc. (ASRV) Gregor T Iv Young buys 5,000 shares of ASRV on 09/07/2011 at an average price of $2 a share.

Ameriserv Financial Inc. has a market cap of $44.1 million; its shares were traded at around $2.08 with a P/E ratio of 10.9 and P/S ratio of 0.7.

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


CEO Recent Trades:


  • President & CEO of Trust Co. Gregor T Iv Young bought 6,100 shares of ASRV stock on 09/06/2011 at the average price of 1.96. Gregor T Iv Young owns at least 46,966 shares after this. The price of the stock has increased by 6.12% since.
  • President & CEO of Trust Co. Gregor T Iv Young bought 1,700 shares of ASRV stock on 08/29/2011 at the average price of 2. Gregor T Iv Young owns at least 40,866 shares after this. The price of the stock has increased by 4% since.
  • President & CEO of Trust Co. Gregor T Iv Young bought 4,706 shares of ASRV stock on 08/25/2011 at the average price of 2. Gregor T Iv Young owns at least 39,166 shares after this. The price of the stock has increased by 4% since.
  • President & CEO of Trust Co. Gregor T Iv Young bought 14,210 shares of ASRV stock on 08/24/2011 at the average price of 1.98. Gregor T Iv Young owns at least 34,460 shares after this. The price of the stock has increased by 5.05% since.
  • President & CEO of Trust Co. Gregor T Iv Young bought 10,000 shares of ASRV stock on 08/23/2011 at the average price of 1.97. Gregor T Iv Young owns at least 20,250 shares after this. The price of the stock has increased by 5.58% since.

CFO Recent Trades:


  • Exec. Vice President and CFO Jeffrey A Stopko bought 1,000 shares of ASRV stock on 06/08/2011 at the average price of 1.98. Jeffrey A Stopko owns at least 23,761 shares after this. The price of the stock has increased by 5.05% since.
  • Exec. Vice President and CFO Jeffrey A Stopko bought 1,000 shares of ASRV stock on 06/01/2011 at the average price of 2.15. Jeffrey A Stopko owns at least 22,761 shares after this. The price of the stock has decreased by 3.26% since.

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




Directors and Officers Recent Trades:


  • Director, 10% Owner Robert L Wise bought 1,003 shares of ASRV stock on 08/15/2011 at the average price of 1.99. Robert L Wise owns at least 97,467 shares after this. The price of the stock has increased by 4.52% since.
  • Exec.. Vice President Dan L Hummel bought 100 shares of ASRV stock on 08/15/2011 at the average price of 1.99. Dan L Hummel owns at least 18,581 shares after this. The price of the stock has increased by 4.52% since.
  • Director Robert L Wise bought 634 shares of ASRV stock on 07/15/2011 at the average price of 2.05. Robert L Wise owns at least 96,464 shares after this. The price of the stock has increased by 1.46% since.
  • Exec.. Vice President Dan L Hummel bought 97 shares of ASRV stock on 07/15/2011 at the average price of 2.05. Dan L Hummel owns at least 18,480 shares after this. The price of the stock has increased by 1.46% since.
  • Exec.. Vice President Dan L Hummel bought 103 shares of ASRV stock on 06/15/2011 at the average price of 1.94. Dan L Hummel owns at least 18,383 shares after this. The price of the stock has increased by 7.22% since.


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

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 (2 votes)

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