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Michael Dwozan Is The Independent Vice Chairman of the Board of Colony Bankcorp, Inc. (NASDAQ:CBAN) And They Just Picked Up 20% More Shares

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Potential Colony Bankcorp, Inc. (NASDAQ:CBAN) shareholders may wish to note that the Independent Vice Chairman of the Board, Michael Dwozan, recently bought US$107k worth of stock, paying US$16.50 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 20%.

Check out our latest analysis for Colony Bankcorp

Colony Bankcorp Insider Transactions Over The Last Year

The Director Brian Schmitt made the biggest insider purchase in the last 12 months. That single transaction was for US$108k worth of shares at a price of US$17.96 each. So it's clear an insider wanted to buy, at around the current price, which is US$18.58. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices.

Colony Bankcorp insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
insider-trading-volume

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of Colony Bankcorp

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 11% of Colony Bankcorp shares, worth about US$36m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Colony Bankcorp Insiders?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Colony Bankcorp shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Colony Bankcorp has 2 warning signs (1 is potentially serious!) that deserve your attention before going any further with your analysis.

But note: Colony Bankcorp may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.