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Western Asset Mortgage Capital Corp (WMC) COO Travis Carr buys 1,000 Shares

November 13, 2012 | About:
insider

insider

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COO of Western Asset Mortgage Capital Corp (WMC) Travis Carr buys 1,000 shares of WMC on 11/13/2012 at an average price of $19.35 a share.

Western Asset Mortgage Capital Corp has a market cap of $212 million; its shares were traded at around $19.21 . The dividend yield of Western Asset Mortgage Capital Corp stocks is 16.6%.


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




Directors and Officers Recent Trades:


  • COO Travis Carr bought 1,000 shares of WMC stock on 11/13/2012 at the average price of 19.35. Travis Carr owns at least 5,000 shares after this. The price of the stock has decreased by 0.72% since.
  • Director James W Hirschmann Iii bought 15 shares of WMC stock on 09/18/2012 at the average price of 21.82. James W Hirschmann Iii owns at least 1,015 shares after this. The price of the stock has decreased by 11.96% since.
  • Director James W Hirschmann Iii bought 1,000 shares of WMC stock on 09/17/2012 at the average price of 21.84. James W Hirschmann Iii owns at least 1,000 shares after this. The price of the stock has decreased by 12.04% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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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