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Berkshire Hills Bancorp Inc. (BHLB) CFO Kevin P Riley buys 1,065 Shares

Feb 06, 2012 | About:
insider
insider
EVP, CFO and Treasuer of Berkshire Hills Bancorp Inc. (BHLB) Kevin P Riley buys 1,065 shares of BHLB on 02/03/2012 at an average price of $24.2 a share.

Berkshire Hills Bancorp Inc. has a market cap of $496.7 million; its shares were traded at around $23.49 with a P/E ratio of 15.5 and P/S ratio of 2.9. The dividend yield of Berkshire Hills Bancorp Inc. stocks is 2.9%.


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




Directors and Officers Recent Trades:


  • Director David E Phelps bought 150 shares of BHLB stock on 11/01/2011 at the average price of 19.75. David E Phelps owns at least 7,692 shares after this. The price of the stock has increased by 18.94% since.
  • Director Susan M Hill bought 600 shares of BHLB stock on 10/28/2011 at the average price of 20.5. Susan M Hill owns at least 21,635 shares after this. The price of the stock has increased by 14.59% since.
  • Director John B Davies bought 1,000 shares of BHLB stock on 10/28/2011 at the average price of 21.06. John B Davies owns at least 15,648 shares after this. The price of the stock has increased by 11.54% since.
  • Director Cornelius D Mahoney sold 8,822 shares of BHLB stock on 08/26/2011 at the average price of 20.01. Cornelius D Mahoney owns at least 38,501 shares after this. The price of the stock has increased by 17.39% since.


For the complete insider trading history of BHLB, 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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