Director Catharine L. Midkiff buys 200 CARE shares at $16.47; stake grows 20.0% to 1.2K shares.
Director Catharine L. Midkiff purchased 200 shares of Carter Bankshares at $16.47 on 2025-06-02, increasing her holdings by 20.0% from 1.0K shares to 1.2K shares. The purchase price of $16.47 falls below the current price of $16.58 and well within the 52-week range of $12.13–$20.30, with the stock currently trading 18.3% below its 52-week high. The company shows solid financial health with $9.0M net income and 12.4% annual revenue growth, alongside a moderate P/E of 13.93. The insider's willingness to add to her position during a period where the stock is down from recent highs provides a data point on director confidence, though the modest transaction size ($3.3K) limits the signal strength.