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West Ban Corp. (WTBA) CEO David D Nelson buys 1,000 Shares

May 18, 2010 | About:
insider

insider

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CEO & PRESIDENT of West Ban Corp. (WTBA) David D Nelson buys 1,000 shares of WTBA on 05/17/2010 at an average price of $8.29 a share.

West Ban Corp. has a market cap of $152.1 million; its shares were traded at around $8.74 with and P/S ratio of 2.

CFO Recent Trades:


  • Buy:: EVP & CFO Douglas R Gulling bought 5,000 shares of WTBA stock on 11/30/2009 at the average price of 4.6, the price of the stock has increased by 90% since.



This is the insider trade history vs. stock price of WTBA. For the complete insider trading history of WTBA, click here.




Directors and Officers Recent Trades:


  • Buy:: Director James Noyce bought 2,000 shares of WTBA stock on 05/06/2010 at the average price of 7.52, the price of the stock has increased by 16.22% since.

  • Buy:: CHIEF EXECUTIVE OFFICER David R Milligan bought 1,600 shares of WTBA stock on 02/12/2010 at the average price of 4.95, the price of the stock has increased by 76.57% since.

  • Buy:: Director Kaye R Lozier bought 200 shares of WTBA stock on 12/04/2009 at the average price of 4.85, the price of the stock has increased by 80.21% since.

  • Buy:: EXECUTIVE VICE PRESIDENT Brad L Winterbottom bought 2,000 shares of WTBA stock on 11/30/2009 at the average price of 4.95, the price of the stock has increased by 76.57% since.

  • Buy:: CHAIRMAN Jack G Wahlig bought 4,000 shares of WTBA stock on 11/30/2009 at the average price of 4.62, the price of the stock has increased by 89.18% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • 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.

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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


Rating: 4.2/5 (6 votes)

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