BANX President Staggs buys 149 shares at $18.37 as stock trades near 52-week low, extending prior same-ticker buy pattern.
Dana Staggs, President of ArrowMark Financial Corp., purchased 149 shares at $18.37 on 2025-04-09, increasing his holdings to 5,750 shares post-transaction. The transaction value is $2,737.13, representing a modest 2.7% increase in his position. This purchase occurs at a notable juncture: BANX stock is currently -13.5% from its 52-week high and has declined -12.3% over the prior 30 days and -10.8% over 90 days, placing it near the bottom of its $18.00–$21.50 range. Staggs has a mixed prior track record with BANX itself—a February 2024 buy achieved only +2.9% in 30 days and -1.0% in 90 days, while a May 2023 buy returned +16.5% and +11.8% respectively—meaning 50% of his same-ticker prior buys were well-timed at the 90-day horizon. The transaction is small in both absolute terms and relative to his total holdings, suggesting incremental rather than conviction-signaling activity during a period of price weakness.