Branstetter Matthew Fredrick

SVP COO Branstetter bought 339 shares of UBCP at $13.62; cluster of 6 other insiders also bought within 14 days

Matthew Fredrick Branstetter, SVP COO, purchased 339 shares at $13.62, bringing his total holdings to 48,084 shares. The transaction is modest in size (+0.7% vs pre-transaction holdings) and dollar value ($4,617.18), but occurs as part of a broader cluster pattern: 6 other insiders also bought within the past 14 days. Across his cross-ticker track record, Branstetter's prior buys have shown mixed timing outcomes, with a 0% 90-day win rate and an average 90-day return of -0.2%, suggesting his prior purchases have not consistently preceded price appreciation. At UBCP specifically, his June 2024 buy also failed to deliver positive 90-day returns (-0.2%). The current stock price of $13.61 sits 7.4% below the 52-week high, providing some valuation context, but the cluster activity pattern merits monitoring.

UBCP COO bought 588 shares at $12.33; 6 insiders also bought in past 14 days; stock up 7.9% in 30 days.

Matthew Fredrick, SVP COO of United Bancorp, purchased 588 shares at $12.33 on 2024-06-21, increasing his holdings from 45,671 to 46,259 shares. The timing coincides with a broad insider-buying cluster—6 other insiders also purchased within the past 14 days—suggesting coordinated confidence among the company's leadership. Fredrick's own prior purchase at this ticker (2023-12-12) generated a 90-day return of 4.2%, and this current transaction follows a recent 30-day gain of 7.9% from the purchase date. The company trades at a P/E of 8.74 with $79.1M market cap and generated $2.0M in net income on $721.0K revenue in the latest quarter, indicating a small but profitable financial institution.