Carlson Gerald Joseph

Director Carlson Gerald Joseph bought 2,000 shares of MSBI at $19.97 on 2025-02-07; stock -29.5% from 52-week high.

Director Carlson Gerald Joseph purchased 2,000 shares at $19.97, doubling his position from 2,000 to 4,000 shares. The transaction occurs amid significant downward price pressure: MSBI is trading -29.5% from its 52-week high and has declined -25.5% over the past 90 days. His cross-ticker track record shows 0 wins across 2 prior buys with an average 90-day return of -9.4%. At the same ticker (MSBI), his prior buy on 2024-03-12 resulted in a -9.4% 90-day return. Notably, a cluster of 2 other insiders also bought within the past 14 days, suggesting coordinated activity despite the sustained downward trend. The fundamentals show a low P/E of 7.95 with a net income of $18,476,000.00, though current price action indicates investor skepticism about near-term recovery.

Director Carlson Gerald Joseph buys 1,000 MSBI shares at $20.00; stock down 29.2% from 52-week high

On 2025-01-30, Director Carlson Gerald Joseph purchased 1,000 shares of Midland States Bancorp at $20.00, doubling his stake from 1,000 to 2,000 shares. The purchase occurs in a weak backdrop: MSBI stock trades 29.2% below its 52-week high of $27.96, down 18.8% over 30 days and 20.0% over 90 days, with a P/E of 7.99 and market cap of $423.0M. However, his cross-ticker track record shows 1 prior buy with a 90-day win rate of 0.00% and average 90-day return of -9.4%, and his prior MSBI purchase in March 2024 also posted negative 90-day returns. A cluster pattern emerges with 2 other insiders also buying within the past 14 days, which may indicate coordinated activity or simultaneous perception of value at depressed levels.