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The Scoop on Recent Insider Buying Spree

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Wedged amid Wednesday’s bullish close, a remarkable pattern of insider trading drew attention. When movers, shakers, and honchos of a company buy shares, it’s equivalent to a loud “Heck yes!” to that firm’s future or a swift swoop on a succulent deal. Such moves are often green flags that beckon investors to take a leap.

Below, I’ll dissect significant recent insider buys that might light a fire under your investment portfolio.

RBB Bancorp

  • The Lowdown: RBB Bancorp RBB maven James Kao bagged 6,000 shares for an average of $17.06 each, totaling about $102,360.
  • What’s the Buzz: RBB Bancorp brought home better-than-anticipated fourth-quarter results.
  • What’s the Ruckus with RBB Bancorp: Skittering around as a bank holding company, RBB Bancorp provides a spread of banking products and services, from checking and savings accounts to money markets and CDs.

Banc of California

  • The Lowdown: Banc of California, Inc. BANC guru James Andrew Barker scooped up 10,000 shares, at a mean price of $13.16, slapping him with a bill of about $131,590.
  • What’s the Buzz: Banc of California clocked in a loss for the fourth quarter.
  • What’s the Ruckus with Banc of California: Banc of California Inc plays ball as a financial holding company. They’re known for their banking and financial services, from juggling basic banking services to lending and private banking services.

Don’t forget to check out our Wall Street coverage here

Hain Celestial

  • The Lowdown: The Hain Celestial Group, Inc. HAIN mogul Wendy P Davidson snagged 5,000 shares, shelling out around $47,295 at an average price of $9.46.
  • What’s the Buzz: The Hain Celestial Group Inc hauled in lackluster revenue results for the second quarter.
  • What’s the Ruckus with Hain Celestial: The Hain Celestial Group Inc specializes in crafting better-for-you natural and organic food as well as personal-care products.

USCB Financial

  • The Lowdown: USCB Financial Holdings, Inc. USCB heavyweight Priam Capital Associates II LLC sealed the deal on 10,000 shares at a mean price of $11.18, splurging around $111,841.
  • What’s the Buzz: USCB Financial trudged through worse-than-forecasted fourth-quarter financial results.
  • What’s the Ruckus with USCB Financial: USCB Financial Holdings Inc operates as a community bank, offering an arsenal of financial products and services through a network of branches and an online banking platform.

 


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