Snow Ralph Mattox III

Director Snow Ralph Mattox III bought 11 FCNCA shares at $1,944.22; stock down 13.4% from 52-week high.

Director Snow Ralph Mattox III purchased 11 shares of FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) at $1,944.22 on 2026-03-05, increasing his holdings by 10.0% to 121 shares. The stock is currently trading at $1,907.53, down 13.4% from its 52-week high of $2203.53. Examining Mattox's prior trade history at FCNCA—a single buy executed on 2025-08-05—that transaction saw a 90-day return of -3.5%, indicating the stock did not appreciate in the period following that acquisition. The current purchase occurs against a backdrop of recent weakness: the stock has declined 11.7% over 30 days and 3.2% over 90 days. Fundamentally, FCNCA reported $2,433,000,000.00 in quarterly revenue and $568,000,000.00 in net income, though annual revenue contracted 2.2% year-over-year. The company's P/E of 11.54 reflects a modest valuation. The director's modest purchase size ($21.4K total value) and his track record of one prior buy at this ticker that subsequently declined warrant observation of whether this reflects conviction or routine portfolio activity.

Director Ralph Mattox III buys 10 FCNCA shares at $1,888.60; cluster of 3 insider buys in 14 days amid -20.8% drawdown from high

Director Snow Ralph Mattox III purchased 10 shares of FIRST CITIZENS BANCSHARES INC /DE/ at $1,888.60 on 2025-08-05, increasing his holdings by 10.0% to 110 shares. This transaction is part of a cluster buy pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated interest at current valuations. The stock is currently trading at $1862.62, down 20.8% from its 52-week high of $2353.08 and down 10.8% over the past 30 days, though up 3.8% over 90 days. The company reported latest-quarter revenue of $2,298,000,000.00 and net income of $483,000,000.00, with a P/E of 9.83, though annual revenue growth shows a concerning -48.1% decline year-over-year. The confluence of insider buying during a significant price decline, combined with the multi-insider cluster pattern, may warrant examination of what factors are driving the buying activity during this period of revenue contraction.