Riojas Jose David

Director Riojas purchases 1,300 shares as stock trades below 52-week highs; part of 3-insider buying cluster in 14-day window.

Riojas Jose David, a Burke & Herbert director, acquired 1,300 shares in two open-market purchases on the same day while the stock trades below its 52-week high and has declined over recent months. This buying activity is part of a broader pattern: three insiders at the company purchased shares within a two-week window, suggesting sustained buying interest at current price levels. Riojas has been a consistent buyer, with 18 open-market purchases over the past three years and no sales—though his timing on this ticker has been mixed, with half of his five prior purchases at Burke & Herbert followed by gains over a 90-day horizon and the other half by declines. The company itself is profitable with solid earnings, providing a financially stable backdrop for the insider purchases. The combination of repeated director buying during a period when the stock is off its highs, paired with the company's profitable operations, creates a setup worth monitoring for longer-term investors.

Director Riojas bought 500 BHRB shares at $55.85 amid cluster buy by 3 other insiders in 14 days

Director Jose David Riojas purchased 500 shares at $55.85 on 2025-06-05, increasing his position from 18,500 to 19,000 shares, while the stock trades at $56.12 (current price). This buy occurs within a cluster of 4 total insider purchases across 14 days. At the same ticker, Riojas' prior buys show mixed timing outcomes: his 2025-03-06 purchases and 2025-03-11 purchases returned -16.4% and -16.0% respectively over 30 days, with the measurable 90-day outcome from the March 6 trades returning -6.7%. His cross-ticker track record shows 15 prior buys with a 58.33% 90-day win rate and average 90-day return of +13.5%, though his average 30-day return is -5.9%. The company's fundamentals show net income of $27,201,000.00 with a P/E of 14.58 and market cap of $842,104,114.28. The stock has declined 21.0% from its 52-week high of $71.04 and is down 6.9% over 90 days.

Director Riojas purchases 500 BHRB shares at $55.00; stock down -21.3% from 52-week high amid cluster buying by 4 other insiders in 14 days.

Riojas Jose David, a Director at Burke & Herbert Financial Services Corp., purchased 500 shares at $55.00 on 2025-04-29, increasing his holdings from 18,000 to 18,500 shares. This purchase occurs as the stock trades at $55.91, down -21.3% from its 52-week high of $71.04, and follows a 90-day decline of -13.1%. The transaction is notable for coinciding with a cluster pattern: 4 other insiders also bought within the prior 14 days, suggesting coordinated or independently-motivated confidence at depressed price levels. However, Riojas's own prior trades at BHRB show mixed near-term results (30-day returns of -16.0% and -16.4% on recent March purchases), though his cross-ticker track record demonstrates a 70% 90-day win rate. The company's fundamentals remain solid with net income of $27.6M and a P/E of 24.63, providing context for whether the price decline represents genuine opportunity or a cautionary signal.

Director Riojas buys 600 shares at $58.00 for $34,800; prior same-ticker buys at this price point posted 30.7-33.6% 90-day returns.

Riojas Jose David, Director at Burke & Herbert Financial Services Corp., filed 2 separate purchases totaling 600 shares for $34,800.00 at $58.00 on 2025-03-11, increasing his holdings from 9,600 shares to 10,200 shares (+6.2%). His prior two open-market purchases at BHRB on 2024-06-10 at this same price level ($58.00 blended) each delivered 30.7% and 33.6% 90-day returns respectively. Notably, all 3 of his prior measurable same-ticker buys showed positive 90-day outcomes (31.9%, 33.6%, 32.6%), establishing a consistent pattern of well-timed entry points at this ticker. The current price of $58.72 sits -17.3% from the 52-week high and -8.6% over the past 30 days, providing a similar entry context to the prior successful purchases. This transaction warrants monitoring against the historical pattern of price appreciation that has followed his prior accumulations at this price level.

Director Riojas Jose David purchased 600 shares at $60.20 for $36,120.00 at BHRB; prior 5 same-ticker buys all posted strong 90-day gains (+30.3% to +35.2%).

Director Riojas Jose David executed 2 separate purchases totaling 600 shares for $36,120.00 on 2025-03-06 at a blended average price of $60.20, increasing his holdings from 9,500 to 10,100 shares (+6.3%). His prior 5 purchases at BHRB (May-June 2024) all exhibited strong 90-day returns ranging from +30.3% to +35.2%, establishing a well-timed buying pattern at this ticker. This purchase occurs in a cluster context where 2 other insiders also bought within the past 14 days, suggesting coordinated conviction. However, the current trading environment shows significant headwinds: the stock trades at $58.21, down -10.0% over 30 days and -16.8% over 90 days, trading -18.1% below its 52-week high of $71.04, which contrasts sharply with the sustained strength observed after his prior purchases at this company.