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Stock impact report

Pleasing Signs As A Number Of Insiders Buy Cambridge Bancorp Stock [Yahoo! Finance]

Cambridge Bancorp (CATC) 
NASDAQ:AMEX Investor Relations: ir.cambridgetrust.com
Company Research Source: Yahoo! Finance
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing. View our latest analysis for Cambridge Bancorp The Last 12 Months Of Insider Transactions At Cambridge Bancorp In the last twelve months, the biggest single purchase by an insider was when Chairman Denis Sheahan bought US$68k worth of shares at a price of US$68.00 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$62.11). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Cambridge Bancorp insiders may have bought share Show less Read more
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