CEO Simard buys 972 BHB shares at $25.21; cluster of 3 other insiders also bought within 14 days; valuation at P/E 9.45.
Simard Curtis C, President/CEO of Bar Harbor Bankshares, purchased 972 shares at $25.21 on 2024-06-14, increasing his holdings from 106,347 to 107,320 shares. The transaction coincides with a coordinated buying pattern: 3 other insiders also purchased shares within the same 14-day window, suggesting alignment among the leadership team. The stock's valuation metrics show a P/E of 9.45 with annual revenue growth of 3.4%, indicating a modestly valued financial institution. At his most recent prior trade on 2024-03-19 at the same ticker, this CEO achieved a +3.5% 90-day return, demonstrating a pattern of well-timed purchases at BHB; his cross-ticker track record shows 1 prior buy with a 100.00% 90-day win rate. The current price of $25.99 is 13.6% below the 52-week high of $30.09, placing this purchase in a period of recent weakness but not extreme distress.