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Stock impact report

Several Insiders Invested In Riverview Bancorp Flagging Positive News [Yahoo! Finance]

Riverview Bancorp Inc (RVSB) 
Last riverview bancorp inc earnings: 1/23 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.riverviewbank.com
Company Research Source: Yahoo! Finance
NASDAQ:RVSB ), that sends out a positive message to the company's shareholders. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. Check out our latest analysis for Riverview Bancorp Riverview Bancorp Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Independent Chairman of the Board & Lead Independent Director Gerald Nies for US$107k worth of shares, at about US$4.85 per share. That means that even when the share price was higher than US$4.77 (the recent price), an insider wanted to purchase shares. 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. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even a Show less Read more
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