SHBI director WAYSON KONRAD purchases 1,000 shares at $16.02; holdings now 60.7K shares post $16.0K transaction.
Wayson Konrad's purchase of 1,000 shares at $16.02 represents a modest 1.7% increase in his existing 59.7K position. The transaction occurs with SHBI trading at $16.19, reflecting recent weakness of -3.5% over 30 days despite a 90-day gain of +7.5%. Among his four prior SHBI purchases, Konrad demonstrated strong 90-day timing: three of four buys were followed by gains ranging from +4.1% to +8.8%, establishing a pattern of well-timed accumulation at this ticker. The company presents reasonable fundamentals with P/E of 10.06, annual revenue growth of +14.0%, and latest quarterly net income of $15.5M against revenue of $5.7M, suggesting solid profitability. The buy occurs at a price 7.1% below the 52-week high, near a point where the insider's historical pattern suggests subsequent recovery is probable.
Director Wayson Konrad bought 5,000 shares of SHBI at $14.25; holdings now 59,328 shares (+9.2%).
Wayson Konrad, a director of Shore BancShares, purchased 5,000 shares at $14.25 on 2025-05-02, increasing his holdings by 9.2% to 59,328 shares. The current price is $14.37, placing the transaction just below recent levels and representing a -17.6% position relative to the 52-week high of $17.43. Examining his prior purchase history at this ticker reveals mixed timing outcomes: his two most recent same-ticker buys (2024-11-25 and 2023-08-22) produced negative 90-day returns of -9.7% and -5.1% respectively, though an earlier 2023-05-11 purchase achieved +4.1% over 90 days. The underlying business is profitable with $11.2M net income on $4.7M latest-quarter revenue and a modest P/E of 6.81, though the stock has declined 12.1% over the past 90 days despite positive 30-day momentum (+5.5%). This purchase follows a pattern of inconsistent same-ticker timing and occurs during a period of downward pressure, warranting examination of whether it reflects underlying confidence or follows a routine trading schedule.
Director Wayson Konrad bought 3,000 shares of SHBI at $16.94 on 2024-11-25; stock now at 52-week high $16.63 (+16.0% in 30 days).
Wayson Konrad, a Director, purchased 3,000 shares at $16.94, increasing his holdings by 6.0% to 53,266 shares total. The acquisition occurs with the stock near its 52-week high of $16.63, having appreciated 16.0% over the prior 30 days and 17.4% over 90 days. His prior two purchases at this ticker both showed positive 90-day returns (8.8% and 4.1% respectively), and across his full open-market transaction history, Konrad's prior buys have averaged a 90-day return of 6.4% with a 100.00% win rate. The company's fundamentals show annual revenue growth of 19.5%, a P/E of 14.72, and a market cap of $554.2M, providing a solid business backdrop. The transaction signals continued conviction at current valuations despite recent upward price momentum.
