Synalloy Corp. (synl) CEO Craig C Bram buys 1,000 Shares

CEO & President of Synalloy Corp. (synl) Craig C Bram buys 1,000 shares of synl on 11/23/2011 at an average price of $9.79 a share.

Synalloy Corp. has a market cap of $63.6 million; its shares were traded at around $10.05 with a P/E ratio of 10.2 and P/S ratio of 0.4. The dividend yield of Synalloy Corp. stocks is 2.5%.

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

CEO Recent Trades:

• CEO & President Craig C Bram bought 1,000 shares of SYNL stock on 11/23/2011 at the average price of 9.9. Craig C Bram owns at least 47,162 shares after this. The price of the stock has increased by 1.52% since.
• CEO & President Craig C Bram bought 1,000 shares of SYNL stock on 11/15/2011 at the average price of 10.55. Craig C Bram owns at least 46,162 shares after this. The price of the stock has decreased by 4.74% since.
• CEO & President Craig C Bram bought 500 shares of SYNL stock on 11/11/2011 at the average price of 10.55. Craig C Bram owns at least 45,162 shares after this. The price of the stock has decreased by 4.74% since.
• CEO & President Craig C Bram bought 1,160 shares of SYNL stock on 11/08/2011 at the average price of 10.7. Craig C Bram owns at least 44,662 shares after this. The price of the stock has decreased by 6.07% since.
• CEO & President Craig C Bram bought 363 shares of SYNL stock on 08/10/2011 at the average price of 10.02. Craig C Bram owns at least 43,502 shares after this. The price of the stock has increased by 0.3% since.

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

Directors and Officers Recent Trades:

• Director Murray H Wright bought 20,000 shares of SYNL stock on 11/04/2011 at the average price of 9.93. Murray H Wright owns at least 212,531 shares after this. The price of the stock has increased by 1.21% since.
• Director James W Jr Terry bought 1,000 shares of SYNL stock on 08/17/2011 at the average price of 10.5. James W Jr Terry owns at least 2,624 shares after this. The price of the stock has decreased by 4.29% since.

For the complete insider trading history of synl, 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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