Weekly Focus Article – Regional Banks
Insider buying usually tends to slow down around the start of each quarter as companies start reporting earnings. Insider buying dried up significantly over the last two weeks and the Insider Sell/Buy ratio is the highest it has been since last July if you discount the spike at the start of Q4 2011. The only insider purchases that stood out last week were a purchase of Center Bancorp (CNBC) by Director Lawrence B. Seidman and a purchase of First Citizens Bankshares (FCNCA) by Executive Vice Chairman Frank B. Holding.
As indicated in one of the ...
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