Cox (EVP/COO) purchased 560 RVSB shares at $5.35; cluster buy signal with 2 other insiders in 14 days
EVP/COO Daniel Cox purchased 560 shares of Riverview Bancorp at $5.35, bringing his holdings to 69.0K shares—a 0.8% increase. The transaction occurs within a cluster pattern, with 2 other insiders buying the same stock within the past 14 days, suggesting aligned conviction among multiple executives. His cross-ticker track record shows 1 prior buy with a 100% 90-day win rate, and his RVSB-specific prior purchase on 2024-04-30 was well-timed with a +14.9% 90-day return. However, the current stock price of $5.35 sits at -16.4% from the 52-week high and -14.8% over the past 30 days, placing this transaction near recent lows. The elevated P/E of 133.75 against modest net income of $1.2M warrants context for evaluating valuation at the point of purchase.