Whilst it may not be a huge deal, we thought it was good to see that the Bryn Mawr Bank Corporation (NASDAQ:BMTC) President of Banking Division & Director, F. Tylus, recently bought US$79k worth of stock, for US$26.34 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 11%.
The Last 12 Months Of Insider Transactions At Bryn Mawr Bank
In fact, the recent purchase by F. Tylus was the biggest purchase of Bryn Mawr Bank shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of US$28.82. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Bryn Mawr Bank insiders decided to buy shares at close to current prices.
In the last twelve months Bryn Mawr Bank insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by 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!
Bryn Mawr Bank is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Bryn Mawr Bank insiders own 1.6% of the company, worth about US$9.3m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Does This Data Suggest About Bryn Mawr Bank Insiders?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Bryn Mawr Bank insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bryn Mawr Bank. Every company has risks, and we've spotted 1 warning sign for Bryn Mawr Bank you should know about.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
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