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Stock impact report

Senior EVP & CFO of Third Coast Bancshares Picks Up 3.7% More Stock [Yahoo! Finance]

Third Coast Bancshares, Inc. (TCBX) 
Company Research Source: Yahoo! Finance
McWhorter, recently bought US$292k worth of stock, paying US$29.21 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 3.7%. We check all companies for important risks. See what we found for Third Coast Bancshares in our free report Notably, that recent purchase by R. McWhorter is the biggest insider purchase of Third Coast Bancshares shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$29.80. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. In this case we're pleased to report that the insider purchases were made at close to current prices. Over the last year, we can see that insiders have bought 27.75k shares w Show less Read more
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