GCBC director Jay P. Cahalan purchased 4,300 shares across 9 transactions for $97,742.92 (avg $22.73) on 2025-10-24
Director Jay P. Cahalan executed 9 separate purchases totaling 4,300 shares for $97,742.92, increasing his holdings by 13.8% to 35,424 shares. The blended average transaction price of $22.73 sits 0.5% below the current price of $22.85, but the stock trades 34.7% below its 52-week high of $34.97 and has declined 9.0% over the past 90 days. Cahalan's prior buy at this ticker on 2025-02-28 produced a 90-day return of -18.7%, and his earlier purchase on 2025-02-27 showed -17.2% over 90 days, establishing a pattern of buys that did not precede stock appreciation (0 of 2 prior same-ticker purchases were well-timed at the 90-day mark). The company's fundamentals include a P/E of 11.15, net income of $8,054,000.00, and 11.1% annual revenue growth, suggesting modest valuation metrics, though this provides limited context for the repeated purchase activity in a declining stock environment.