Director Susan C O'Donnell buys 2,690 shares of CNOB at $22.30; holdings rise to 8,522 shares (+46.1%)
O'Donnell, a director, purchased 2,690 shares at $22.30 on 2025-08-01, increasing her stake by 46.1% from 5,832 to 8,522 shares. The current price of $22.68 sits 20.9% below the 52-week high of $28.66, with the stock down 9.3% over 30 days and down 2.2% over 90 days, placing the purchase in a period of weakness. ConnectOne trades at a P/E of 11.34 with a market cap of $872.5M and net income of $20.2M. The director's substantial increase in shareholding during a downturn may be noteworthy, but the absence of prior transaction history prevents assessment of whether this reflects a pattern of conviction or represents an isolated acquisition.