FISI Chief Legal Officer Samuel J Burruano Jr buys 2,000 shares at $25.00 ($50.0K) as stock hits 52-week high.
Samuel J Burruano Jr, Chief Legal Officer of Financial Institutions Inc, purchased 2,000 shares at $25.00 on 2024-12-13, increasing his holdings by 19.6% to 12,206 shares. The transaction occurred as FISI's stock reached its 52-week high of $28.92 (current price, +0.0% from peak), following a 30-day gain of +7.8% and 90-day gain of +10.9%. His prior buy at this ticker in May 2023 was well-timed with a 90-day return of +20.0%, establishing a pattern of accurate entry timing at FISI. A cluster pattern is present: 14 other insiders also bought within the past 14 days, suggesting coordinated conviction at the company level. At a P/E of 8.79 and market cap of $447.5M, the stock appears modestly valued relative to its recent strength.