NIX CRAIG L

CFO Craig L Nix buys 6 shares of FCNCA at $1,958.74; price now -20.8% from 52-week high amid cluster buying

CFO Craig L Nix purchased 6 shares of First Citizens Bancshares at $1,958.74 on 2025-08-04, adding modestly to holdings from 1,141 to 1,147 shares. The transaction occurs as the stock trades -20.8% from its 52-week high of $2,353.08 and -10.8% down over the past 30 days. Notably, 2 other insiders also bought within the past 14 days, forming a cluster buy pattern. However, the CFO's prior two same-ticker buys show mixed results: the March 2025 purchase delivered -16.5% over 30 days, while the September 2023 purchase gained +8.0% over 90 days. Fundamentals remain solid with $483.0M net income on $2.3B quarterly revenue, though annual revenue growth stands at -48.1%, warranting deeper review of underlying drivers and sustainability.

CFO Nix buys 17 FCNCA shares at $1,881.13; stock now -26.6% from 52-week high after recent -22.1% decline

Nix Craig L, Chief Financial Officer, purchased 17 shares of First Citizens BancShares at $1,881.13 on 2025-03-07, a modest addition to his 1,141-share position. The timing is noteworthy: the stock has declined 26.6% from its 52-week high of $2,353.08 and fallen 22.1% over the past 30 days, creating a significantly depressed price environment relative to recent trading history. Nix's prior buy at this ticker on 2023-09-08 yielded a 90-day return of +8.0%, and his cross-ticker track record shows 1 prior buy with a 100.00% 90-day win rate. However, the current share purchase is small in absolute terms (+1.5% of holdings) and occurs amid severe recent price weakness, making the signal ambiguous without additional context on company fundamentals or his broader portfolio intentions.