🟨👀 These Bank Insiders are Buying Their Stock
See which bank insiders are buying up the most of their stock and expecting a rebound
Hello!
This is a quick little bonus email this week because of the banking fiasco going on.
We found 66 banks where insiders made purchases and calculated how much the insiders bought, the price they paid (and compared it to the current price), and how much the stock is down in the last month.
You can find the entire thread on Twitter here (make sure to retweet it)!
Here are the three most interesting ones (in my opinion):
Charles Schwab ($SCHW)
Purchase Price: $59.31
Current Price: $59.55 (+1%)
Last Month (returns for the stock): -26%
7 insiders (including President, CFO, and CEO) bought $6.82M total
Valley National Bancorp ($VLY)
Purchase Price: $9.72
Curr Price: $9.81 (+1%)
Last Month: -21%
12 insiders (including CEO) bought $2.8M
PacWest Bancorp ($PACW)
Purchase Price: $15.25
Curr Price: $11.37 (-25%)
Last Month: -59%
11 insiders (including CEO and President) bought $1.84M
Head over to the Twitter thread (link) to see the other 63 banks and give it a retweet if you found it helpful :)
Connor