This Insider Has Just Sold Shares In Princeton Bancorp
Princeton Bancorp, Inc. BPRN | 0.00 |
Investors may wish to note that the Executive VP & Chief Lending Officer of Princeton Bancorp, Inc., Stephanie Adkins, recently netted US$56k from selling stock, receiving an average price of US$35.04. On the bright side, that's just a small sale and only reduced their holding by 7.0%.
The Last 12 Months Of Insider Transactions At Princeton Bancorp
Over the last year, we can see that the biggest insider purchase was by Independent Director Martin Tuchman for US$330k worth of shares, at about US$33.00 per share. We do like to see buying, but this purchase was made at well below the current price of US$36.93. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
In the last twelve months insiders purchased 21.60k shares for US$696k. On the other hand they divested 14.40k shares, for US$474k. In total, Princeton Bancorp insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does Princeton Bancorp Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Princeton Bancorp insiders own about US$66m worth of shares. That equates to 27% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Princeton Bancorp Tell Us?
An insider sold stock recently, but they haven't been buying. On the other hand, the insider transactions over the last year are encouraging. We like that insiders own a fair amount of the company. So the recent selling doesn't worry us too much. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Princeton Bancorp.
Of course Princeton Bancorp may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
