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EVBN EVANS BANCORP INC Insider Trading

1 filing analyzed · Latest 2024-07-24
Insider buys
1
Insider sells
0
Unique insiders
1
Direction
Net buying

Historically, high-priority insider buys have outperformed the S&P 500 by a median ~2% over the 30 days after filing — the edge is concentrated in that first month (n ≈ 5,751, 2021-2026). Past results don't predict the future. How we measure this ↗

July 2024
2024-07-24
high
6,680 shares
$219,179
@ $32.81
Significance 6/10

10% Owner PL Capital Advisors buys 6,680 shares of EVBN at $32.81; stock now $32.95, +18.3% in 30 days

PL Capital Advisors acquired 6,680 shares at $32.81 on 2024-07-23, increasing holdings from 605,079 to 611,759 shares. The purchase occurred during strong momentum: the stock has gained 18.3% over the prior 30 days and 26.6% over the prior 90 days, currently trading at $32.95 (-0.6% from its 52-week high of $33.15). At the same-ticker level, the insider's five prior purchases at EVBN between 2024-05-28 and 2024-06-04 all showed positive 30-day returns (ranging from +7.0% to +9.6%). Across the insider's broader cross-ticker open-market history, 15 prior buys achieved an average 90-day return of +13.2% with a 100% win rate, though measurable 90-day outcomes are not yet available for any of the five most recent EVBN purchases. The company trades at a P/E of 23.71 with a market cap of $181.9M but shows trailing revenue of $149.0K and annual revenue decline of -1.8%, suggesting the recent price strength may outpace fundamentals.

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