Chairman of MainSource Financial Group Inc (MSFG) Robert E Hoptry buys 8,500 shares of MSFG on 11/04/2009 at an average price of $5.62 a share.

MainSource Financial Group Inc. is a community-focused multi-bank financial services oriented holding company. Mainsource Financial Group Inc has a market cap of $108.3 million; its shares were traded at around $5.38 with a P/E ratio of 26.9 and P/S ratio of 0.7. The dividend yield of Mainsource Financial Group Inc stocks is 3.7%. Mainsource Financial Group Inc had an annual average earning growth of 0.2% over the past 5 years.

Insiders' Positions with MSFG

• Buy:: President and CEO Archie M Jr Brown bought 2,500 shares of MSFG stock on 08/18/2009 at the average price of 6.75, the price of the stock has decreased by 20.3% since


• Buy:: President and CEO Archie M Jr Brown bought 1,422 shares of MSFG stock on 08/06/2009 at the average price of 6.66, the price of the stock has decreased by 19.22% since

Insiders' Positions with MSFG

• Buy:: Sr. VP and CFO James M Anderson bought 5,226 shares of MSFG stock on 09/03/2009 at the average price of 5.74, the price of the stock has decreased by 6.27% since

Insiders' Positions with MSFG

• Buy:: Director D J Hines bought 2,000 shares of MSFG stock on 11/03/2009 at the average price of 5.84, the price of the stock has decreased by 7.88% since


• Buy:: Chairman Robert E Hoptry bought 1,500 shares of MSFG stock on 11/02/2009 at the average price of 5.85, the price of the stock has decreased by 8.03% since


• Buy:: Chairman Robert E Hoptry bought 8,000 shares of MSFG stock on 09/01/2009 at the average price of 6.02, the price of the stock has decreased by 10.63% since


• Buy:: Director Brian J Crall bought 1,640 shares of MSFG stock on 08/25/2009 at the average price of 6.75, the price of the stock has decreased by 20.3% since


• Buy:: Director Douglas I Kunkel bought 7,000 shares of MSFG stock on 08/18/2009 at the average price of 6.8, the price of the stock has decreased by 20.88% 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.

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