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Center Bancorp Inc. (CNBC) CEO Anthony Weagley buys 7,778 Shares

Dec 01, 2011 | About:
insider
insider
President & CEO of Center Bancorp Inc. (CNBC) Anthony Weagley buys 7,778 shares of CNBC on 11/29/2011 at an average price of $9 a share.

Center Bancorp Inc. has a market cap of $155.3 million; its shares were traded at around $9.53 with a P/E ratio of 12.5 and P/S ratio of 3.1. The dividend yield of Center Bancorp Inc. stocks is 1.3%. Center Bancorp Inc. had an annual average earning growth of 4.3% over the past 5 years.

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


CEO Recent Trades:


  • President & CEO Anthony Weagley bought 50 shares of CNBC stock on 11/25/2011 at the average price of 9. Anthony Weagley owns at least 43,581 shares after this. The price of the stock has increased by 5.89% since.
  • President & CEO Anthony Weagley bought 50 shares of CNBC stock on 09/21/2011 at the average price of 9. Anthony Weagley owns at least 42,295 shares after this. The price of the stock has increased by 5.89% since.
  • President & CEO Anthony Weagley bought 50 shares of CNBC stock on 08/15/2011 at the average price of 9.44. Anthony Weagley owns at least 42,245 shares after this. The price of the stock has increased by 0.95% since.

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




Directors and Officers Recent Trades:


  • VP, Corporate Secretary Joseph D Gangemi bought 50 shares of CNBC stock on 11/25/2011 at the average price of 9. Joseph D Gangemi owns at least 3,375 shares after this. The price of the stock has increased by 5.89% since.
  • Director, 10% Owner Lawrence B Seidman bought 2,700 shares of CNBC stock on 11/23/2011 at the average price of 9.04. Lawrence B Seidman owns at least 3,741,959 shares after this. The price of the stock has increased by 5.42% since.
  • Director Alexander Bol bought 500 shares of CNBC stock on 11/23/2011 at the average price of 9. Alexander Bol owns at least 116,190 shares after this. The price of the stock has increased by 5.89% since.
  • Director, 10% Owner Lawrence B Seidman bought 2,600 shares of CNBC stock on 10/24/2011 at the average price of 9.62. Lawrence B Seidman owns at least 3,739,259 shares after this. The price of the stock has decreased by 0.94% since.
  • Director Howard Kent bought 868 shares of CNBC stock on 10/04/2011 at the average price of 8.91. Howard Kent owns at least 300,851 shares after this. The price of the stock has increased by 6.96% since.


For the complete insider trading history of CNBC, 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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