medium
Buy
1,500 shares
$28,148
Significance
4/10
Director Marano Thompson Melissa bought 1,500 shares of BANX at $18.76; stock down -16.6% from 52-week high.
Director Marano Thompson Melissa purchased 1,500 shares at $18.76, establishing an initial position in ArrowMark Financial Corp. The purchase occurred near the lower end of the 52-week range ($18.25–$22.85) and represents a entry point that is -16.6% below the 52-week high. The stock has experienced recent weakness, declining -3.4% over 30 days and -12.6% over 90 days. This is a modest-sized initiation by a director that warrants standard monitoring given the accumulation at a depressed valuation relative to recent highs.