Insiders Are Buying Regional Banks

JC Parets
July 29, 2022

Insiders are buying up regional banks this week.

Independent Director Robert Stallings reported an additional  purchase of $1.2 million in Texas Capital Bancshares $TCB, as he continues to build his position.

And Blackford F. Brauer revealed an acquisition worth $344,372 in Commerce Bancshares $CBSH.

Here’s The Hot List, with data through July 28, 2022:

In another Form 4, the president and CEO of SMART Global Holdings SGH reported a purchase of 10,000 shares, roughly equivalent to $180,980 worth of stock.

Over in Washington, Senator Richard Blumenthal of Connecticut reported a position in APi Group Corporation $APG.

Last but not least, there was bullish flow in Occidental Petroleum $OXY, Vertex Energy $VTNR and Cleveland-Cliffs $CLF.

Have a great weekend. We'll be back Monday with more insider action.

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All Star Charts Team

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