Insider Purchase: Director at $FGBI Buys 24,615 Shares
Insider Trading Activity: Bruce McAnally, a director at $FGBI, purchased 24,615 shares for approximately $208,489, increasing his holdings by 20.3%, while insiders have made four purchases and no sales in the past six months.
Institutional Investor Movements: In the latest quarter, 20 institutional investors increased their positions in $FGBI stock, while 8 reduced theirs, indicating varied investor confidence in the company.
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Lesaka Technologies Chairman Acquires 1.8M Shares at $5 Each
- Significant Purchase: Lesaka Technologies Executive Chairman Ali Mazanderani bought 1.8 million shares of LSAK at $5 each on Wednesday, totaling a $9 million investment, indicating strong confidence in the company's future prospects.
- Market Opportunity: LSAK is currently trading at $4.84, which is 3.2% below Mazanderani's purchase price, providing a more attractive entry point for investors and potentially stimulating further buying interest.
- Historical Buying Record: Over the past twelve months, Mazanderani has made three additional purchases of LSAK, totaling $643,215 at an average price of $4.94 per share, demonstrating his ongoing bullish outlook on the stock.
- Stock Performance: On Monday, Lesaka Technologies' stock rose approximately 7.6%, reflecting a positive market response that may be linked to Mazanderani's purchase, thereby boosting investor confidence.
Insider Buying Update for Friday, October 3: FGBI and ADC
Director's Purchase at First Guaranty Bancshares: Bruce McAnally bought 31,056 shares of FGBI at $8.05 each, totaling $250,001, and saw a 5.3% gain during the trading session, with FGBI up 6.5% on Friday.
CEO's Investment in Agree Realty: Joey Agree purchased 3,528 shares of Agree Realty for $249,183 at $70.63 each, with a 1.2% gain at the session's peak, while Agree Realty was up 1% on Friday.
