Insider Transactions: Notable Stock Buys at South Plains Financial and Everest Group

Investing insiders often provide valuable insights into stock performance. Recently, two key executives made significant stock purchases in their respective companies.

At South Plains Financial, Director Noe G. Valles made a substantial move on Tuesday, acquiring 50,000 shares of SPFI at a price of $33.50 each. This purchase amounted to an impressive total investment of $1.68 million. During today’s trading session, Valles saw the value of his investment rise, with SPFI peaking at $39.62, representing an 18.3% gain at its highest. However, the stock has dipped about 3.6% today. Notably, this is not Valles’s first investment in SPFI; over the past year, he has invested a total of $4.56 million across four additional purchases, averaging $26.82 per share.

Meanwhile, at Everest Group, Director William F. Galtney Jr. made headlines with his purchase on Monday. He acquired 2,870 shares at $348.64 each, totaling about $1 million. Today, Everest Group’s stock is slightly down by 0.5%. Galtney Jr. experienced a rise of 6.1% at today’s peak, with EG reaching $370.00 earlier in the session.

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