President and COO of UMB Financial Corp. (UMBF) Peter J Desilva sells 1,000 shares of UMBF on 08/01/2012 at an average price of $48.13 a share.

Umb Financial Corporation has a market cap of $2 billion; its shares were traded at around $47.13 with a P/E ratio of 15.9 and P/S ratio of 2.6. The dividend yield of Umb Financial Corporation stocks is 1.7%. Umb Financial Corporation had an annual average earning growth of 5.9% over the past 10 years. GuruFocus rated Umb Financial Corporation the business predictability rank of 2.5-star.

CFO Recent Trades:

• CFO Michael D Hagedorn sold 2,000 shares of UMBF stock on 04/27/2012 at the average price of 49.15. Michael D Hagedorn owns at least 36,415 shares after this. The price of the stock has decreased by 4.11% since.

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

Directors and Officers Recent Trades:

• Director Greg M Graves bought 163 shares of UMBF stock on 05/01/2012 at the average price of 47.67. Greg M Graves owns at least 10,759 shares after this. The price of the stock has decreased by 1.13% since.
• Director L Joshua Sosland bought 112 shares of UMBF stock on 04/30/2012 at the average price of 47.93. L Joshua Sosland owns at least 5,119 shares after this. The price of the stock has decreased by 1.67% since.
• Director Greg M Graves bought 25 shares of UMBF stock on 03/01/2012 at the average price of 41.54. Greg M Graves owns at least 10,576 shares after this. The price of the stock has increased by 13.46% since.
• Director Nancy Buese bought 250 shares of UMBF stock on 02/10/2012 at the average price of 40.01. Nancy Buese owns at least 2,060 shares after this. The price of the stock has increased by 17.8% since.
• EVP and General Counsel Dennis R Rilinger sold 9,520 shares of UMBF stock on 07/30/2012 at the average price of 49.23. Dennis R Rilinger owns at least 28,092 shares after this. The price of the stock has decreased by 4.27% since.

For the complete insider trading history of UMBF, click here.

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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