Director Funk Charles N buys 600 shares of MOFG at $27.66; stock down 20.7% from 52-week high; cluster buy pattern with 2 other insiders in past 14 days
Director Funk purchased 600 shares at $27.66 on 2025-07-31, expanding holdings to 129,475 shares, in a price environment where MOFG has declined 20.7% from its 52-week high of $33.70 and 11.8% over the past 30 days. His cross-ticker track record shows 1 prior buy with an average 90-day return of +17.2% and a 100.00% win rate; at MOFG specifically, his prior purchase on 2024-09-30 yielded 90-day returns of +17.2%, indicating successful timing on that prior trade at this ticker. The transaction occurs within a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated or coincident confidence in the stock despite recent price weakness. However, the company was unprofitable over its most recent full fiscal year, which adds complexity to interpreting this accumulation signal.
Director Funk Charles N bought 2,240 shares of MOFG at $25.00 on 2024-09-30; 12 other insiders also bought within 14 days.
Director Funk Charles N purchased 2,240 shares at $25.00, representing a +1.8% increase in his holdings to 128,230 shares post-transaction. This open-market buy occurs within a cluster pattern: 12 other insiders also acquired shares within the past 14 days, suggesting broad-based insider participation in MidWestOne Financial Group. The transaction price of $25.00 is notably below the current price of $28.53 and the 52-week high of $29.87, yet the stock has appreciated 26.8% over the past 90 days and the company trades at a P/E of 14.56 with a market cap of $450,017,042.04. The convergence of multiple insiders buying into the stock near its recent lows warrants attention as a potential market signal, though the recent 90-day gain and proximity to 52-week highs should be weighed in context.
