EVP/CCO Benke purchases 4,000 RVSB shares as part of coordinated insider buying wave; stock trades well below 52-week high.
Robert Benke, Executive Vice President and Chief Compliance Officer, purchased 4,000 shares at $5.44, adding to a pattern of insider buying activity at Riverview Bancorp—three executives acquired shares within the same 14-day window. The stock is currently trading well below its 52-week high, having declined modestly over the past month despite a slight gain over the past three months. Benke has a consistent buying pattern at this company over the past year and a half, though prior purchases show mixed timing results: his 2025 trades underperformed in the near term while demonstrating gains over longer horizons, while his 2024 purchase generated modest positive returns at both the 30-day and 90-day marks. Riverview is a profitable company with solid recent quarterly earnings, providing a financially stable backdrop for the open-market accumulation. The confluence of internal buyer interest during a period when the stock trades at a discount to recent highs warrants attention, though the mixed track record on prior purchases suggests caution about reading too much into timing.
EVP/CCO Benke buys 4,000 shares of RVSB at $4.85; stock -13.0% in 30 days, P/E 55.11
Benke Robert (EVP/CCO) purchased 4,000 shares at $4.85 on 2025-08-04, expanding his holdings by 10.7% to 41,287 shares. The stock is currently trading at $4.96, down 13.0% over 30 days and 20.0% over 90 days from the purchase, placing it 22.5% below its 52-week high of $6.40. His same-ticker purchase history at RVSB shows mixed outcomes: his prior May 2025 buy declined 12.3% within 30 days; his August 2024 and May 2024 purchases posted positive 90-day returns of 2.8% and 18.3% respectively, suggesting he has captured some upside in this stock historically. The company's P/E of 55.11 reflects elevated valuation relative to net income of $1.2M, warranting attention to whether the current price reflects reasonable recovery prospects relative to that fundamental multiple.
RVSB EVP/CCO Benke purchased 4,000 shares at $6.10 on 2025-05-19; cluster pattern with 2 other insiders buying within 14 days
EVP and Chief Compliance Officer Robert Benke purchased 4,000 shares at $6.10, expanding his holdings to 42,091 shares (a +10.5% increase from prior holdings). This transaction occurs as part of a broader insider buy cluster, with 2 other insiders also purchasing within the past 14 days, suggesting coordinated or independently aligned confidence at current valuations. At RVSB specifically, Benke's prior buy on 2024-05-01 achieved a 90-day return of +18.3%, while his most recent 2024-08-01 purchase returned +0.0% over 90 days; the current purchase at $6.10 sits just 4.7% below the 52-week high of $6.40, near a local peak. The stock's 30-day momentum of +6.5% and 90-day gain of +16.6% reflect recent strength; investors should monitor whether the cluster buying and executive accumulation sustain this uptrend or signal consolidation ahead.
EVP/CCO Robert Benke purchased 5,000 shares of RVSB at $4.62, increasing holdings by 24.3% to 25.6K shares.
Robert Benke, Executive Vice President and Chief Compliance Officer, purchased 5,000 shares at $4.62 on 2024-08-01, representing a 24.3% increase in his holdings from 20.6K to 25.6K shares. His prior two purchases at RVSB show mixed results: the May 2024 buy returned +11.5% at 30 days and +18.3% at 90 days, while the November 2023 buy returned +5.2% at 30 days but -5.7% at 90 days, resulting in only 1 of 2 prior trades being well-timed at the 90-day mark. The current stock price of $4.57 is 29.5% below the 52-week high of $6.48, and trading at a P/E of 25.39 with a market cap of $96.5M, representing a modest-capitalization financial institution with volatile earnings relative to valuation.
