CFO Derek Shelnutt bought 250 CBAN shares at $19.50; post-transaction holdings 12,170 shares (+2.1%). P/E 12.50.
Derek Shelnutt, the CFO, purchased 250 shares of Colony Bankcorp at $19.50, adding to holdings of 12.2K shares post-transaction. The purchase price was 2.5% below the current market price of $20.00, placing the buy 5.1% below the 52-week high of $21.07. His cross-ticker track record shows 1 prior buy with a 100% 90-day win rate, and his same-ticker history at CBAN (1 prior buy on 2024-02-14) was well-timed at the 90-day mark. The company trades at a P/E of 12.50 with a market cap of $348.7M and net income of $5.8M. The stock is up 15.3% over 90 days, suggesting recent upward momentum, though it has declined 0.6% over the past month.