President, CEO of Western Asset Mortgage Capital Corp (WMC) Gavin L James buys 5,250 shares of WMC on 12/05/2012 at an average price of $20.74 a share.

Western Asset Mortgage Capital Corp has a market cap of $498.1 million; its shares were traded at around $20.77 . The dividend yield of Western Asset Mortgage Capital Corp stocks is 16.5%.

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

CEO Recent Trades:

• President, CEO Gavin L James bought 5,250 shares of WMC stock on 12/05/2012 at the average price of 20.74. Gavin L James owns at least 15,850 shares after this. The price of the stock has increased by 0.14% since.

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:

• Director James W Hirschmann Iii bought 2,500 shares of WMC stock on 11/23/2012 at the average price of 19.87. James W Hirschmann Iii owns at least 30,000 shares after this. The price of the stock has increased by 4.53% since.
• Director James W Hirschmann Iii bought 5,000 shares of WMC stock on 11/21/2012 at the average price of 19.65. James W Hirschmann Iii owns at least 11,015 shares after this. The price of the stock has increased by 5.7% since.
• Director James W Hirschmann Iii bought 7,200 shares of WMC stock on 11/21/2012 at the average price of 19.57. James W Hirschmann Iii owns at least 18,515 shares after this. The price of the stock has increased by 6.13% since.
• Director James W Hirschmann Iii bought 300 shares of WMC stock on 11/21/2012 at the average price of 19.56. James W Hirschmann Iii owns at least 11,315 shares after this. The price of the stock has increased by 6.19% since.
• Director James W Hirschmann Iii bought 5,000 shares of WMC stock on 11/21/2012 at the average price of 19.51. James W Hirschmann Iii owns at least 6,015 shares after this. The price of the stock has increased by 6.46% since.

For the complete insider trading history of WMC, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool