GuruFocus Premium Membership

Professional Value Investing Tools at Affordable Prices

Try It 100% for 7 Days!

Articles (336) 

Top Insider Buys Highlight: Northeast Bancorp

August 19, 2014 | About:

President & CEO of Northeast Bancorp (NASDAQ:NBN) Richard Wayne bought 12,618 shares on 08/18/2014 at an average price of $9.55. Total transaction amount is $120,502

Northeast Bancorp, formerly known as Bethel Bancorp, a Maine corporation chartered in April 1987, is a bank holding company registered with the Board of Governors of the Federal Reserve System ("Federal Reserve") under the Bank Holding Company Act of 1956, as amended. Northeast Bancorp has a market cap of $100,000 million; its shares were traded at around $9.59 with a P/E ratio of 37.80 and P/S ratio of 2.50. The dividend yield of Northeast Bancorp stocks is 2.10%. Articles on GuruFocus.COM

Before going to this company, Wayne co-founded Capital Crossing Bank, and he served as its president and co-CEO from 1991 to 2007.

Northeast Bancorp reported its fourth-quarter results. The company announced net income available to common shareholders of $542 thousand or $0.05 per diluted share.


GuruFocus Guru Michael Price (Trades, Portfolio) increased his position in Northeast Bancorp. He owns 336,861 shares.

Wayne bought 25,000 shares of NBN stock in August. Director John C Orestis bought 5,700 shares of NBN stock on 04/29/2014 at the average price of 9.57.

  • 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.

» Take a Free Trial of Premium Membership

Rating: 0.0/5 (0 votes)


Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)