Chairman and CEO of Dime Community Bancshares Inc. (DCOM) Vincent F Palagiano sells 20,000 shares of DCOM on 11/17/2011 at an average price of $11.69 a share.

Dime Community Bancshares Inc. has a market cap of $403.5 million; its shares were traded at around $11.53 with a P/E ratio of 8.7 and P/S ratio of 1.9. The dividend yield of Dime Community Bancshares Inc. stocks is 4.8%. Dime Community Bancshares Inc. had an annual average earning growth of 10.6% over the past 10 years. GuruFocus rated Dime Community Bancshares Inc. the business predictability rank of 2-star.

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

CEO Recent Trades:

• Chairman and CEO Vincent F Palagiano sold 30,000 shares of DCOM stock on 11/16/2011 at the average price of 11.86. Vincent F Palagiano owns at least 1,029,700 shares after this. The price of the stock has decreased by 2.78% since.
• Chairman and CEO Vincent F Palagiano sold 20,000 shares of DCOM stock on 07/07/2011 at the average price of 15.06. Vincent F Palagiano owns at least 1,029,700 shares after this. The price of the stock has decreased by 23.44% since.
• Chairman and CEO Vincent F Palagiano sold 20,000 shares of DCOM stock on 07/06/2011 at the average price of 14.77. Vincent F Palagiano owns at least 1,029,700 shares after this. The price of the stock has decreased by 21.94% since.
• Chairman and CEO Vincent F Palagiano sold 40,000 shares of DCOM stock on 07/01/2011 at the average price of 14.63. Vincent F Palagiano owns at least 1,029,700 shares after this. The price of the stock has decreased by 21.19% since.
• Chairman and CEO Vincent F Palagiano sold 20,000 shares of DCOM stock on 06/30/2011 at the average price of 14.5. Vincent F Palagiano owns at least 676,480 shares after this. The price of the stock has decreased by 20.48% since.

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

Directors and Officers Recent Trades:

• Director Kathleen M. Nelson bought 1,000 shares of DCOM stock on 11/14/2011 at the average price of 11.58. Kathleen M. Nelson owns at least 1,000 shares after this. The price of the stock has decreased by 0.43% since.
• Director Robert C Golden bought 5,000 shares of DCOM stock on 11/01/2011 at the average price of 11.54. Robert C Golden owns at least 6,000 shares after this. The price of the stock has decreased by 0.09% since.
• Executive Vice President Daniel J Harris bought 1,000 shares of DCOM stock on 08/19/2011 at the average price of 10.73. Daniel J Harris owns at least 11,000 shares after this. The price of the stock has increased by 7.46% since.
• EXECUTIVE VICE PRESIDENT Timothy B King bought 3,240 shares of DCOM stock on 08/10/2011 at the average price of 10.8. Timothy B King owns at least 206,468 shares after this. The price of the stock has increased by 6.76% since.
• EXECUTIVE VICE PRESIDENT Michael Pucella sold 3,000 shares of DCOM stock on 11/16/2011 at the average price of 11.97. Michael Pucella owns at least 126,560 shares after this. The price of the stock has decreased by 3.68% since.

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

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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