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Middlesex Water Company (MSEX) Vice President & CFO A Bruce Oconnor sells 1,000 Shares

Dec 01, 2011 | About:
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Vice President & CFO of Middlesex Water Company (MSEX) A Bruce Oconnor sells 1,000 shares of MSEX on 12/01/2011 at an average price of $18.44 a share.

Middlesex Water Company has a market cap of $288.9 million; its shares were traded at around $18.5 with a P/E ratio of 21 and P/S ratio of 2.8. The dividend yield of Middlesex Water Company stocks is 4%. 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 annual revenues and earnings per share of MSEX over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of MSEX.


CEO Recent Trades:


  • President & CEO Dennis W Doll bought 2,000 shares of MSEX stock on 08/22/2011 at the average price of 17.59. Dennis W Doll owns at least 300 shares after this. The price of the stock has increased by 5.17% since.

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 14 shares of MSEX stock on 11/01/2011 at the average price of 18.71. Walter G Reinhard owns at least 937 shares after this. The price of the stock has decreased by 1.12% since.
  • Director Walter G Reinhard bought 14 shares of MSEX stock on 10/03/2011 at the average price of 17.07. Walter G Reinhard owns at least 937 shares after this. The price of the stock has increased by 8.38% since.
  • Director Walter G Reinhard bought 56 shares of MSEX stock on 09/01/2011 at the average price of 18.21. Walter G Reinhard owns at least 937 shares after this. The price of the stock has increased by 1.59% since.
  • 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 0.11% 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 increased by 0.22% 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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