medium
Buy
2,290 shares
$49,922
Significance
5/10
Director McDonnell Jeffrey M buys 2,290 MSBI shares at $21.80; stock down 24.1% from 52-week high.
Director McDonnell purchased 2,290 shares at $21.80, increasing his holdings to 24,245 shares, a 10.4% net increase. The transaction occurs as MSBI stock trades at $21.47, down 24.1% from the 52-week high of $28.29 and down 9.6% over the prior 30 days. The company's P/E of 6.82 against a net income of $13,885,000 and market cap of $461,213,430.14 suggests a modestly valued business, though recent price momentum has been negative. This buy occurs amid material weakness in the stock's recent trading and represents a meaningful addition to an existing substantial position.