Independent Director Robert Perry-Smith Just Bought 13% More Shares In Five Star Bancorp (NASDAQ:FSBC)

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Potential Five Star Bancorp (NASDAQ:FSBC) shareholders may wish to note that the Independent Director, Robert Perry-Smith, recently bought US$422k worth of stock, paying US$29.48 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 13%.

See our latest analysis for Five Star Bancorp

The Last 12 Months Of Insider Transactions At Five Star Bancorp

The President James Beckwith made the biggest insider purchase in the last 12 months. That single transaction was for US$444k worth of shares at a price of US$20.00 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$30.33. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Happily, we note that in the last year insiders paid US$5.4m for 252.46k shares. But they sold 170.00 shares for US$5.1k. In the last twelve months there was more buying than selling by Five Star Bancorp insiders. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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Five Star Bancorp is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Five Star Bancorp insiders own 30% of the company, currently worth about US$156m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Five Star Bancorp Insiders?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Five Star Bancorp. Looks promising! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 1 warning sign for Five Star Bancorp you should be aware of.

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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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.

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