Devaisher Len D

President & COO Devaisher bought 1,000 shares at $28.72 on 2025-07-29; stock now -17.4% from 52-week high. Prior MOFG buys well-timed.

Devaisher Len D (President and COO) purchased 1,000 shares at $28.72, raising his holdings to 3,000 shares, a 50.0% increase in position size. This open-market acquisition occurs while the stock trades -17.4% from its 52-week high of $33.70, near the lower end of its 52-week range. His prior two buys at MOFG (2024-09-30 and 2023-05-02) were well-timed at the 90-day mark, with 90-day returns of +17.2% and +28.7% respectively, suggesting the insider has previously demonstrated favorable entry point selection at this ticker. The company reported net income of $15,138,000.00, though it was unprofitable over its most recent full fiscal year, creating a mixed fundamental backdrop. The current price-action context (30-day: -3.4%, 90-day: +0.3%) presents a materially different environment from his prior two successful accumulations, warranting scrutiny of whether historical timing patterns hold in the present cycle.

President and COO Devaisher Len D bought 400 MOFG shares at $25.00 on 2024-09-30; 12 other insiders bought within 14 days

Devaisher Len D, President and COO, purchased 400 shares at $25.00 on 2024-09-30, adding to a post-transaction holding of 28,301 shares. His cross-ticker track record shows prior buys with a 100.00% 90-day win rate, with his prior buy at this same ticker on 2023-05-02 delivering 90-day gains of +28.7%, consistent with his cross-ticker average of +28.7%. The cluster pattern is notable: 12 other insiders also bought within the past 14 days, suggesting coordinated confidence among the leadership group. The stock is currently trading at $28.53, modestly below its 52-week high of $29.87, while the company maintains solid fundamentals with net income of $15,819,000.00 and a P/E of 14.56. This multi-insider buying activity warrants attention as a potential signal of internal conviction about valuation.