Trade Alert: The Director Of Partners Bancorp (NASDAQ:PTRS), Steven Mote, Has Just Spent US$64k Buying 59% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Partners Bancorp (NASDAQ:PTRS) Director, Steven Mote, recently bought US$64k worth of stock, for US$6.43 per share. While that isn't the hugest buy, it actually boosted their shareholding by 59%, which is good to see.

Check out our latest analysis for Partners Bancorp

Partners Bancorp Insider Transactions Over The Last Year

In fact, the recent purchase by Steven Mote was the biggest purchase of Partners Bancorp shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$6.58 per share to be enticing. 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. 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. Happily, the Partners Bancorp insider decided to buy shares at close to current prices. Steven Mote was the only individual insider to buy during the last year.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of Partners Bancorp

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Partners Bancorp insiders own 46% of the company, worth about US$53m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Partners Bancorp Tell Us?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Partners Bancorp insiders are well aligned, and quite possibly think the share price is too low. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Partners Bancorp. When we did our research, we found 3 warning signs for Partners Bancorp (1 is potentially serious!) that we believe deserve your full attention.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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, but not derivative transactions.

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