Chairman of Enterprise Bancorp Inc (EBTC) George L Duncan buys 10,334 shares of EBTC on 12/02/2009 at an average price of $10.85 a share.

Enterprise Bancorp is the holding company for Enterprise Bank and Trust Company. The bank has two wholly owned subsidiaries, Enterprise Insurance Services LLC and Enterprise Investment Services LLC, organized for the purpose of engaging in insurance sales activities and offering non-deposit investment products and related securities brokerage services to its customers. Enterprise Bancorp Inc has a market cap of $86.9 million; its shares were traded at around $10.57 with a P/E ratio of 16.6 and P/S ratio of 1.2. The dividend yield of Enterprise Bancorp Inc stocks is 3.6%.

Insiders' Positions with EBTC

• Buy:: CEO John P Jr Clancy bought 14,102 shares of EBTC stock on 11/19/2009 at the average price of 10.85, the price of the stock has decreased by 2.58% since

Insiders' Positions with EBTC

• Buy:: EVP & CFO James A Marcotte bought 2,500 shares of EBTC stock on 11/19/2009 at the average price of 10.85, the price of the stock has decreased by 2.58% since

Insiders' Positions with EBTC

• Buy:: EVP - Principal Subsidiary Robert R Gilman bought 2,765 shares of EBTC stock on 11/19/2009 at the average price of 10.85, the price of the stock has decreased by 2.58% since


• Buy:: Director Ken S Ansin bought 18,416 shares of EBTC stock on 11/19/2009 at the average price of 10.85, the price of the stock has decreased by 2.58% since


• Buy:: Director John R Clementi bought 5,017 shares of EBTC stock on 11/19/2009 at the average price of 10.85, the price of the stock has decreased by 2.58% since


• Buy:: Director Carol L Reid bought 2,765 shares of EBTC stock on 11/19/2009 at the average price of 10.85, the price of the stock has decreased by 2.58% since


• Buy:: Director Michael T Putziger bought 36,184 shares of EBTC stock on 11/19/2009 at the average price of 10.85, the price of the stock has decreased by 2.58% 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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