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First M & F Corp. (FMFC) CEO Hugh S Jr Potts buys 1,579 Shares

Jan 27, 2012 | About:
insider
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Chairman & CEO of First M & F Corp. (FMFC) Hugh S Jr Potts buys 1,579 shares of FMFC on 01/27/2012 at an average price of $3.05 a share.

First M & F Corp. has a market cap of $28.9 million; its shares were traded at around $3.12 with a P/E ratio of 12.2 and P/S ratio of 0.3. The dividend yield of First M & F Corp. stocks is 1.3%.

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


CEO Recent Trades:


  • Chairman & CEO Hugh S Jr Potts bought 1,000 shares of FMFC stock on 11/01/2011 at the average price of 3.16. Hugh S Jr Potts owns at least 623,470 shares after this. The price of the stock has decreased by 1.27% since.

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




Directors and Officers Recent Trades:


  • President & Chief Banking Off Jeffrey B. Lacey bought 1,000 shares of FMFC stock on 01/27/2012 at the average price of 3.05. Jeffrey B. Lacey owns at least 21,419 shares after this. The price of the stock has increased by 2.3% since.
  • Director Lawrence Dennis Jr. Terrell bought 3,000 shares of FMFC stock on 01/04/2012 at the average price of 2.6. Lawrence Dennis Jr. Terrell owns at least 15,568 shares after this. The price of the stock has increased by 20% since.
  • Vice President Samuel Burton Potts bought 697 shares of FMFC stock on 12/31/2011 at the average price of 3.2. Samuel Burton Potts owns at least 208,949 shares after this. The price of the stock has decreased by 2.5% since.
  • Executive Vice President Eric K Hanbury bought 2,355 shares of FMFC stock on 11/29/2011 at the average price of 2.9. Eric K Hanbury owns at least 49,529 shares after this. The price of the stock has increased by 7.59% since.
  • President & Chief Banking Off Jeffrey B. Lacey bought 3,242 shares of FMFC stock on 11/14/2011 at the average price of 3. Jeffrey B. Lacey owns at least 20,159 shares after this. The price of the stock has increased by 4% since.


For the complete insider trading history of FMFC, 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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