Yahoo Finance Executive VP & CFO of USCB Financial Holdings Robert Anderson Buys 42% More Shares
Investors who take an interest in USCB Financial Holdings, Inc. (NASDAQ:USCB) should definitely note that the Executive VP & CFO, Robert Anderson, recently paid US$11.16 per share to buy US$226k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 42%.
Check out our latest analysis for USCB Financial Holdings
USCB Financial Holdings Insider Transactions Over The Last Year
Notably, that recent purchase by Robert Anderson is the biggest insider purchase of USCB Financial Holdings shares that we've seen in the last year. That implies that an insider found the current price of US$11.95 per share to be enticing. 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. In this case we're pleased to report that the insider purchases were made at close to current prices.
In the last twelve months USCB Financial Holdings insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
USCB Financial Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
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. Based on our data, USCB Financial Holdings insiders have about 1.6% of the stock, worth approximately US$3.8m. We consider this fairly low insider ownership.
So What Does This Data Suggest About USCB Financial Holdings Insiders?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that USCB Financial Holdings insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing USCB Financial Holdings. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of USCB Financial Holdings.
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 of direct interests only, but not derivative transactions or indirect interests.
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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.
