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Stock impact report

Pleasing Signs As A Number Of Insiders Buy Summit State Bank Stock [Yahoo! Finance]

Summit State Bank (SSBI) 
US:NASDAQ Investor Relations: summitstatebank.com/investors.php
Company Research Source: Yahoo! Finance
State Bank NASDAQ:SSBI ), it sends a favourable message to the company's shareholders. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. View our latest analysis for Summit State Bank Summit State Bank Insider Transactions Over The Last Year The Independent Director Jeffery Allen made the biggest insider purchase in the last 12 months. That single transaction was for US$88k worth of shares at a price of US$14.17 each. That means that an insider was happy to buy shares at above the current price of US$9.80. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good va Show less Read more
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