Magyar Bancorp Inc. (MGYR) CEO Elizabeth E Hance buys 1,000 Shares

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Aug 05, 2009
President and CEO of Magyar Bancorp Inc. (MGYR, Financial) Elizabeth E Hance buys 1,000 shares of MGYR on 08/03/2009 at an average price of $4.78 a share.

Magyar Bancorp Inc. is the parent company of Magyar Bank in New Brunswick New Jersey. Magyar Bank offers a complete line of retail and business banking products with offices in New Brunswick North Brunswick and South Brunswick New Jersey. It offers low-to-moderate income mortgages that provide home ownership opportunities to many families & help stabilize urban neighborhoods. It invests in communities by offering business loans resulting in employment opportunites. They are committed to provide service that consistently exceeds the needs of customers and clients. They believe that quality personlized service will result in long-term customer & business relationships. Magyar Bancorp Inc. has a market cap of $28.3 million; its shares were traded at around $4.9 with and P/S ratio of 0.9.

Recent Trades of Magyar Bancorp Inc. by CEO:
  • Buy: President & CEO Elizabeth E Hance bought 500 shares of MGYR stock on 05/04/2009 at the average price of $5.09; the price of the stock has decreased by 3.73% since.



Recent Trades of Magyar Bancorp Inc. by CFO:
  • Buy: SVP and CFO Jon Ansari bought 300 shares of MGYR stock on 02/20/2009 at the average price of $3; the price of the stock has increased by 63.33% since.

  • Buy: SVP and CFO Jon Ansari bought 300 more shares of MGYR stock on 02/17/2009 at the average price of $3.5; the price of the stock has increased by 40% since.



Recent Trades of Magyar Bancorp Inc. by Directors and Officers:
  • Buy: EVP & COO John S Fitzgerald bought 200 shares of MGYR stock on 03/06/2009 at the average price of $4.02; the price of the stock has increased by 21.89% since.

  • Buy: EVP & COO John S Fitzgerald bought 200 more shares of MGYR stock on 02/24/2009 at the average price of $2.8; the price of the stock has increased by 75% since.