Trade Alert: The Senior Executive VP Of CB Financial Services, Inc. (NASDAQ:CBFV), Ralph Burchianti, Has Just Spent US$78k Buying Shares
Even if it's not a huge purchase, we think it was good to see that Ralph Burchianti, the Senior Executive VP of CB Financial Services, Inc. (NASDAQ:CBFV) recently shelled out US$78k to buy stock, at US$19.62 per share. However, we do note that it only increased their holding by 6.6%, and it wasn't a huge purchase by absolute value, either.
View our latest analysis for CB Financial Services
The Last 12 Months Of Insider Transactions At CB Financial Services
In fact, the recent purchase by Ralph Burchianti was the biggest purchase of CB Financial Services 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 above the current price of US$18.67. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
In the last twelve months CB Financial Services insiders were buying shares, but not selling. They paid about US$23.18 on average. I'd consider this a positive as it suggests insiders see value at around the current price. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
CB Financial Services is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership of CB Financial Services
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 7.7% of CB Financial Services shares, worth about US$7.8m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Do The CB Financial Services Insider Transactions Indicate?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on CB Financial Services stock. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, CB Financial Services has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, but not derivative transactions.
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