Chief Comm Banking Officer Kevin B Quinn buys 400 shares of FISI at $25.00; 14 other insiders bought in past 14 days
Kevin B Quinn, Chief Comm Banking Officer, purchased 400 shares of FINANCIAL INSTITUTIONS INC (FISI) at $25.00 on 2024-12-13, increasing his holdings from 3,305 to 3,705 shares (+12.1%). The transaction occurred as FISI traded near its 52-week high of $28.92 (+0.0% from peak), having gained 7.8% over 30 days and 10.9% over 90 days. Most significantly, this buy is part of a cluster pattern in which 14 other insiders also purchased shares within the past 14 days, suggesting coordinated insider confidence at a time when the stock has already appreciated substantially. With a P/E of 8.79 and net income of $13,466,000.00, the company shows modest valuation metrics that may underpin the multi-insider accumulation activity.