SEVP Thomas Buonaiuto buys 1,311 shares of FFIC at $15.25; 8 other insiders also bought within 14 days—cluster pattern during -16.2% drawdown from 52-week high.
Thomas Buonaiuto, Senior Executive Vice President of Flushing Financial Corp, purchased 1,311 shares at $15.25 on 2024-12-12, increasing his holdings from 32,373 to 33,684 shares. This purchase occurs amid a cluster pattern: 8 other insiders also bought within the past 14 days, suggesting coordinated appetite for shares at current valuations. The stock is currently trading at $15.26, down 16.2% from its 52-week high of $18.20 and down 13.1% over the past 30 days, creating a potentially attractive entry point for multiple insiders with access to private information. Against this backdrop, FFIC reports strong quarterly net income of $8,906,000.00 and robust annual revenue growth of +68.9%, warranting examination of whether the recent price decline reflects a temporary pullback in an otherwise fundamentally sound business.