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Did Five Star Bancorp insiders sell shares?
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Did Five Star Bancorp insiders sell shares?

Anyone interested in Five Star Bancorp (NASDAQ:FSBC) should probably be aware that the President, James Beckwith, recently disposed of $455,000 worth of the company’s stock at an average price of $26.95 per share. On the positive side, this sale only represented 3.3% of their holdings, so we doubt it’s very significant on its own.

Check out our latest analysis for Five Star Bancorp

Five insider transactions by Star Bancorp in the last year

Over the last year, we found that the largest insider purchase was made by independent director Lawrence Allbaugh, who bought $3.0 million worth of shares, or about $21.75 per share. Even though the purchase was made at a significantly lower price than the current price ($27.59), we still consider insider purchases to be a positive. Because the purchase was made at a lower price, they don’t tell us much about whether insiders might find today’s price attractive.

Encouragingly, we note that insiders paid $5.7 million for 263,530 shares over the last year. But insiders sold 20,360 shares valued at $557,000. Overall, Five Star Bancorp insiders bought more than they sold over the last year. Below is a visual representation of insider transactions (by companies and individuals) over the last 12 months. If you click on the chart, you can see all the individual transactions, including share price, individual, and date!

Insider trading volume
NasdaqGS:FSBC Insider Trading Volume August 17, 2024

There are always plenty of stocks that insiders are buying. If you like investing in lesser-known companies, you might want to check this out. free List of companies. (Note: insiders bought them).

Insider ownership of Five Star Bancorp

Looking at the total insider ownership in a company can help you assess whether it is well aligned with common shareholders. Typically, the higher the insider ownership percentage, the more likely it is that insiders are motivated to build the company for the long term. Insiders at Five Star Bancorp own 25% of the company, which is currently worth about $144 million based on the current share price. This kind of significant insider ownership percentage generally increases the chance that the company is being run in the best interests of all shareholders.

What could insider transactions at Five Star Bancorp tell us?

Insiders haven’t bought Five Star Bancorp shares in the last three months, but there have been some sales. On the other hand, insider transactions over the last year are encouraging. Moreover, insiders own a significant portion of the company, so recent sales don’t worry us. In addition to knowing about ongoing insider transactions, it is beneficial to identify the risks facing Five Star Bancorp. To help with this, we found out the following: 3 warning signs that you should take a closer look at to get a better idea of ​​Five Star Bancorp.

If you would rather check out another company — one with potentially better financials — then don’t miss this free List of interesting companies with HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulator. Currently, we only consider open market transactions and private disposals of direct holdings, but not derivative transactions or indirect holdings.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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