Director RAMAKER DAVID B bought 1,500 shares of MBWM at $46.71 on 2025-08-18, raising stake to 15,014 shares; stock trading -9.3% from 52-week high.
Director RAMAKER DAVID B executed a $70,065.00 purchase of 1,500 shares at $46.71, growing his stake by 11.1% to 15,014 shares. His prior transaction at MBWM (a buy on 2023-04-21) was well-timed, with a 90-day return of +17.0%, indicating selective execution during favorable entry points. The current stock price of $46.98 sits -9.3% below the 52-week high of $51.79, and the company trades at a P/E of 9.38 with $22.6M in net income and a market cap of $763.4M. The timing of this purchase near the lower end of the recent range, combined with a demonstrated pattern of 100% 90-day win rate on prior open-market buys, suggests accumulation during a period when the stock has retreated from recent peaks.