CEO of Southern Community Financial Corp. (SCMF) F Scott Bauer buys 1,000 shares of SCMF on 09/24/2009 at an average price of $2.74 a share.

Southern Community Financial Corporation is the holding company of Southern Community Bank and Trust. Southern Community Financial Corp. has a market cap of $45.1 million; its shares were traded at around $2.68 with and P/S ratio of 0.4. Southern Community Financial Corp. had an annual average earning growth of 1.2% over the past 5 years.

Recent Trades of Southern Community Financial Corp. by CEO:

• Buy: CEO F Scott Bauer bought 500 shares of SCMF stock on 09/02/2009 at the average price of $2.54; the price of the stock has increased by 5.51% since.


• Buy: CEO F Scott Bauer bought 500 more shares of SCMF stock on 08/11/2009 at the average price of $3.09; the price of the stock has decreased by 13.27% since.


• Buy: CEO F Scott Bauer bought 500 more shares of SCMF stock on 07/29/2009 at the average price of $2.98; the price of the stock has decreased by 10.07% since.

Recent Trades of Southern Community Financial Corp. by CFO:

• Buy: CFO James Hastings bought 1,000 shares of SCMF stock on 09/02/2009 at the average price of $2.5; the price of the stock has increased by 7.2% since.


• Buy: CFO James Hastings bought 500 more shares of SCMF stock on 08/27/2009 at the average price of $2.72; the price of the stock has decreased by 1.47% since.


• Buy: CFO James Hastings bought 500 more shares of SCMF stock on 08/24/2009 at the average price of $2.85; the price of the stock has decreased by 5.96% since.


• Buy: CFO James Hastings bought 1,000 more shares of SCMF stock on 08/19/2009 at the average price of $3; the price of the stock has decreased by 10.67% since.


• Buy: CFO James Hastings bought 500 more shares of SCMF stock on 08/11/2009 at the average price of $3; the price of the stock has decreased by 10.67% since.

Recent Trades of Southern Community Financial Corp. by Directors and Officers:

• Buy: Director James G Chrysson bought 3,000 shares of SCMF stock on 09/08/2009 at the average price of $2.75; the price of the stock has decreased by 2.55% since.


• Buy: Director W. Samuel Smoak bought 4,000 shares of SCMF stock on 07/30/2009 at the average price of $2.73; the price of the stock has decreased by 1.83% since.


• Buy: Director James G Chrysson bought 7,000 shares of SCMF stock on 07/28/2009 at the average price of $2.75; the price of the stock has decreased by 2.55% since.

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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