CEO BIRMINGHAM MARTIN KEARNEY bought 4,000 shares of FISI at $25.00 on 2024-12-13; 14-insider cluster buy pattern, stock +7.8% in 30 days
BIRMINGHAM MARTIN KEARNEY, President & CEO, purchased 4,000 shares at $25.00 on 2024-12-13, bringing his holdings to 126,732 shares. This transaction is part of a broader cluster pattern—14 other insiders also bought FISI shares within the past 14 days, suggesting coordinated conviction within the company's leadership. The stock has appreciated 7.8% over the past 30 days and currently trades at $28.92, near the top of its 52-week range of $16.34–$28.92. The company's financial fundamentals are solid with a P/E of 8.79 and net income of $13,466,000.00, indicating a valuation that may still offer margin of safety. The multi-insider buying activity, combined with recent price momentum and reasonable valuation metrics, reflects management alignment during a period of upward price movement.