Director & CEO of Bancorp of New Jersey Inc. (BKJ) Albert F Buzzetti buys 1,000 shares of BKJ on 11/03/2009 at an average price of $9.13 a share.

BANCORP OF NEW JERSEY INC is a holding company for the Bank of New Jersey which is a state chartered commercial bank that provides a traditional range of financial products and services to meet the deposit and credit needs of individual customers small businesses and professionals in the local market area. Bancorp Of New Jersey Inc. has a market cap of $46.1 million; its shares were traded at around $9.1 with a P/E ratio of 47.9 and P/S ratio of 6.7.

Insiders' Positions with BKJ

• Buy:: Director & CEO Albert F Buzzetti bought 338 shares of BKJ stock on 08/31/2009 at the average price of 9.5, the price of the stock has decreased by 4.21% since


• Buy:: Director & CEO Albert F Buzzetti bought 338 shares of BKJ stock on 08/31/2009 at the average price of 9.5, the price of the stock has decreased by 4.21% since

Insiders' Positions with BKJ

• Buy:: Director Josephine Mauro bought 900 shares of BKJ stock on 09/11/2009 at the average price of 10.02, the price of the stock has decreased by 9.18% since


• Buy:: Director Josephine Mauro bought 1,000 shares of BKJ stock on 09/04/2009 at the average price of 10.03, the price of the stock has decreased by 9.27% since


• Buy:: Director Anthony Siniscalchi bought 1,700 shares of BKJ stock on 09/01/2009 at the average price of 10.33, the price of the stock has decreased by 11.91% since


• Buy:: Director Josephine Mauro bought 1,000 shares of BKJ stock on 08/31/2009 at the average price of 10.08, the price of the stock has decreased by 9.72% since


• Buy:: Director Josephine Mauro bought 1,000 shares of BKJ stock on 08/26/2009 at the average price of 10.01, the price of the stock has decreased by 9.09% 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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