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MainSource Financial Group Inc (MSFG) CEO Archie M Jr Brown buys 3,447 Shares

Feb 03, 2012 | About:
insider
insider
President and CEO of MainSource Financial Group Inc (MSFG) Archie M Jr Brown buys 3,447 shares of MSFG on 02/02/2012 at an average price of $9.99 a share.

Mainsource Financial Group Inc has a market cap of $201.4 million; its shares were traded at around $9.97 with a P/E ratio of 9.7 and P/S ratio of 1.2. The dividend yield of Mainsource Financial Group Inc stocks is 0.4%.


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




Directors and Officers Recent Trades:


  • Director Charles J Thayer bought 1,500 shares of MSFG stock on 11/29/2011 at the average price of 7.96. Charles J Thayer owns at least 13,152 shares after this. The price of the stock has increased by 25.25% since.
  • Director Charles J Thayer bought 500 shares of MSFG stock on 09/06/2011 at the average price of 8.15. Charles J Thayer owns at least 10,652 shares after this. The price of the stock has increased by 22.33% since.
  • Director Charles J Thayer bought 1,500 shares of MSFG stock on 08/23/2011 at the average price of 8.07. Charles J Thayer owns at least 10,152 shares after this. The price of the stock has increased by 23.54% since.
  • Director Charles J Thayer bought 1,000 shares of MSFG stock on 08/19/2011 at the average price of 8.15. Charles J Thayer owns at least 8,652 shares after this. The price of the stock has increased by 22.33% since.
  • Director Charles J Thayer bought 500 shares of MSFG stock on 08/18/2011 at the average price of 8.2. Charles J Thayer owns at least 7,652 shares after this. The price of the stock has increased by 21.59% since.


For the complete insider trading history of MSFG, 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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