The President of County Bancorp (NASDAQ: ICBK) is Buying Shares (Analyst Ratings)
Today, the President of County Bancorp (ICBK), Timothy Schneider, bought shares of ICBK for $5,868. In addition to Timothy Schneider, 8 other ICBK executives reported Buy trades in the last month. Based on County Bancorp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $20.09 million and quarterly net profit of $3.7 million.
Bargain Hunters Take Note: Insider Cluster-Buying At EWBC (Nasdaq.com)
A particularly strong insider buying signal is what we call a “cluster-buy” where three or more different insiders make open market purchases within a short period of one another. At East West Bancorp, Inc (Symbol: EWBC), 6 different insiders purchased 43,140 shares at an average price of $38.85/share, for a total of $1.68M, with the most recent purchase on August 29, 2019. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. So when multiple insiders all decide to make purchases around the same time, it could be a strong indication that the stock is undervalued.
A Major Shareholder at Anterix Inc. (NASDAQ: ATEX) is Buying Shares (Analyst Ratings)
Today, a Major Shareholder at Anterix Inc. (ATEX), Owl Creek Asset Management, L.P., bought shares of ATEX for $43.5M. Following this transaction Owl Creek Asset Management, L.P.’s holding in the company was increased by 29.49% to a total of $177 million. Over the last month, Owl Creek Asset Management, L.P. has reported another 3 Buy trades on ATEX for a total of $8.37M.
Eagle Bulk Shipping +7% on Insider Buying Action (Seeking Alpha)
Eagle Bulk Shipping (NASDAQ:EGLE) gains after the company discloses insider buying activity. Director Paul Leand snapped up over $240K worth of shares on August 27-28. EGLE +6.99% to $4.59 vs. the 52-week trading range of $3.85 to $5.98. Shipping in stocks in general are higher on the day.
Tyler Technologies Inc (TYL) Executive VP and CFO Brian K Miller Sold $2.2 million of Shares (Guru Focus)
Executive VP and CFO of Tyler Technologies Inc, Brian K Miller, sold 8,400 shares of TYL on 08/29/2019 at an average price of $256.85 a share. The total sale was $2.2 million. Tyler Technologies Inc is a provider of integrated information management solutions and services to address the information technology needs in areas of operations for cities, counties, schools and other local government entities. Tyler Technologies Inc has a market cap of $9.88 billion; its shares were traded at around $256.09 with a P/E ratio of 79.06 and P/S ratio of 10.20. Tyler Technologies Inc had annual average EBITDA growth of 18.60% over the past ten years.
