UBFO CEO Dennis Woods buys 2,000 shares at $7.61; prior 5 trades all well-timed at 90-day mark (avg +7.7% returns)
Dennis Woods, the CEO of United Security Bancshares, purchased 2,000 shares at $7.61 on 2024-08-02, bringing his total holdings to 883,416 shares. What distinguishes this transaction is the strong pattern in his prior trading history at this ticker: all 5 of his previous purchases at UBFO were well-timed at the 90-day mark, with an average 90-day return of +7.7% across those trades. His cross-ticker track record shows a 100% win rate across 7 prior buys with an average 90-day return of +9.8%. The current stock price of $7.52 sits -13.1% from its 52-week high of $8.65, positioning this purchase in the lower portion of the recent range. This addition occurs within the context of a company trading at a P/E of 7.37 with a modest market cap of $130.3M, and recent fundamentals showing -3.6% annual revenue growth alongside a net income of $4.3M in the latest quarter.