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Stock impact report

Bullish Mid Penn Bancorp Insiders Loaded Up On US$899.4k Of Stock [Yahoo! Finance]

Mid Penn Bancorp (MPB) 
Last mid penn bancorp earnings: 4/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: midpennbank.com/investors
Company Research Source: Yahoo! Finance
NASDAQ:MPB ), that sends out a positive message to the company's shareholders. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The Independent Director Matthew DeSoto made the biggest insider purchase in the last 12 months. That single transaction was for US$105k worth of shares at a price of US$29.24 each. So it's clear an insider wanted to buy, at around the current price, which is US$31.32. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happil Show less Read more
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