Director John E Noone bought 2,000 shares of MPB at $30.84; continued accumulation pattern mirrors 5 prior purchases all well-timed at 90-day mark
Director John E Noone purchased 2,000 shares at $30.84, bringing total holdings to 49,400 shares—a +4.2% increase. This buy extends a consistent pattern at MPB: all 5 of his prior purchases at this ticker generated positive 90-day returns, with his most recent buy on 2025-11-19 returning +20.1% over that horizon. His cross-ticker track record across 20 prior buys shows a 95.00% 90-day win rate with an average 90-day return of +8.9%. The current price of $31.77 reflects recent weakness (-8.2% from the 52-week high and -8.2% over 30 days), yet the insider continues to add to his position. This persistence in accumulation during a period of price softness, combined with the historical accuracy of his prior entry points at this specific ticker, reflects sustained conviction in the company's medium-term prospects.