Insiders Are Buying Regional Banks

JC Parets
February 1, 2023

The largest insider buy on today's list is a Form 4 filing by Randal Kirk, the executive chairman of Precigen $PGEN.

Kirk revealed the purchase of roughly $20 million of his own stock from him, increasing his ownership stake to 46.2%.

Here’s The Hot List, with data through January 31, 2023:

In another Form 4, Director David G. Ellison reported a purchase of 4,500 shares of Southern First Bancshares $SFST.

There was also insider activity in two other regional banks, Brookline Bancorp $BRKL and Mid Penn Bancorp $MPB.

In the options market, there was bullish flow in SoundHound AI $SOUN, Warner Bros Discovery $WBD, UiPath Inc $PATH, and Pure Storage $PSTG.

Stay tuned. We'll be back on Thursday with more insider activity.

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All Star Charts Team

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