EVP and CFO of NewBridge Bancorp (NBBC) Ramsey K Hamadi buys 1,000 shares of NBBC on 05/19/2010 at an average price of $4.2 a share.

Newbridge Bancorp has a market cap of $65.3 million; its shares were traded at around $4.17 with and P/S ratio of 0.6.

NBBC is in the portfolios of Diamond Hill Capital of Diamond Hill Capital Management Inc.

CFO Recent Trades:

• Buy:: EVP and CFO Ramsey K Hamadi bought 1,500 shares of NBBC stock on 05/18/2010 at the average price of 4.45, the price of the stock has decreased by 6.29% since.

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

Directors and Officers Recent Trades:

• Buy:: Director Julius S Jr Young bought 357 shares of NBBC stock on 05/04/2010 at the average price of 5.26, the price of the stock has decreased by 20.72% since.


• Buy:: Director John F Watts bought 413 shares of NBBC stock on 05/04/2010 at the average price of 5.26, the price of the stock has decreased by 20.72% since.


• Buy:: Director Elizabeth S Ward bought 303 shares of NBBC stock on 05/04/2010 at the average price of 5.26, the price of the stock has decreased by 20.72% since.


• Buy:: Director Joseph H Kinnarney bought 346 shares of NBBC stock on 05/04/2010 at the average price of 5.26, the price of the stock has decreased by 20.72% since.


• Buy:: Director Joseph H Kinnarney bought 365 shares of NBBC stock on 05/03/2010 at the average price of 5.02, the price of the stock has decreased by 16.93% 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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