Senior Executive VP & CFO of John Marshall Bancorp Kent Carstater Buys 12% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the John Marshall Bancorp, Inc. (NASDAQ:JMSB) Senior Executive VP & CFO, Kent Carstater, recently bought US$79k worth of stock, for US$15.77 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 12%.

Our free stock report includes 1 warning sign investors should be aware of before investing in John Marshall Bancorp. Read for free now.

The Last 12 Months Of Insider Transactions At John Marshall Bancorp

The Independent Director, O. Mahan, made the biggest insider sale in the last 12 months. That single transaction was for US$291k worth of shares at a price of US$23.37 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$16.69). So it may not tell us anything about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid US$176k for 10.61k shares. But they sold 30.01k shares for US$696k. In total, John Marshall Bancorp insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for John Marshall Bancorp

I will like John Marshall Bancorp better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does John Marshall Bancorp Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that John Marshall Bancorp insiders own 11% of the company, worth about US$26m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About John Marshall Bancorp Insiders?

It is good to see recent purchasing. However, the longer term transactions are not so encouraging. We don't take much heart from transactions by John Marshall Bancorp insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. So they seem pretty well aligned, overall. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that John Marshall Bancorp has 1 warning sign and it would be unwise to ignore it.

Of course John Marshall Bancorp may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.