Bag This Bargain Even Cheaper Than President Mills Did

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on August 12, First Community Bancshares, Inc. 's President, Gary R. Mills, invested $14,849.90 into 1,000 shares of FCBC, for a cost per share of $14.85. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

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In trading on Thursday, bargain hunters could buy shares of First Community Bancshares, Inc. ( FCBC) and achieve a cost basis 1.5% cheaper than Mills, with shares changing hands as low as $14.63 per share. First Community Bancshares, Inc. shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of FCBC shares, versus its 200 day moving average:

First Community Bancshares, Inc.  Chart

Looking at the chart above, FCBC's low point in its 52 week range is $13.31 per share, with $17.80 as the 52 week high point — that compares with a last trade of $14.94. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
08/12/2014 Gary R. Mills President 1,000 $14.85 $14,849.90

The current annualized dividend paid by First Community Bancshares, Inc. is $0.52/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 07/30/2014. Below is a long-term dividend history chart for FCBC, which can be of good help in judging whether the most recent dividend with approx. 3.5% annualized yield is likely to continue.

FCBC+Dividend+History+Chart

According to the ETF Finder at ETF Channel, FCBC makes up 58.50% of the WisdomTree SmallCap Earnings Fund ETF ( EES) which is trading higher by about 0.1% on the day Thursday.

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