Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
First Choice Bancorp (FCBP)
Sector: Financial Services; Industry: Banks—Regional

First Choice Bancorp operates as the bank holding company for First Choice Bank that provides retail, personal, and commercial banking products and services to individuals, families, and small and medium-sized businesses. The company also provides treasury management, online and mobile banking, commercial credit cards, debit cards, and automated teller machines, as well as bank-by-mail, courier, commercial cash vault, domestic and international wires, and international services. The company was founded in 2005 and is headquartered in Cerritos, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-05-27 May Leonard EVP & Chief Credit Officer Buy 72 $32.32 $2,322 No
2020-12-30 May Leonard EVP & Chief Credit Officer Buy 104 $18.14 $1,879 No
2020-10-23 May Leonard EVP & Chief Credit Officer Sell 9,886 $14.15 $139,845 No
2020-06-04 May Leonard EVP & Chief Credit Officer Buy 153 $15.81 $2,426 No
2020-06-05 May Leonard EVP & Chief Credit Officer Buy 262 $16.09 $4,217 No
2020-03-05 May Leonard EVP & Chief Credit Officer Buy 181 $23.01 $4,171 No
2019-12-13 May Leonard EVP & Chief Credit Officer Buy 151 $24.98 $3,771 No
2019-08-30 May Leonard EVP & Chief Credit Officer Buy 140 $21.40 $2,989 No
2019-05-23 May Leonard EVP & Chief Credit Officer Buy 137 $21.69 $2,962 No
2019-02-21 May Leonard EVP & Chief Credit Officer Buy 131 $21.93 $2,869 No
2018-11-26 May Leonard EVP & Chief Credit Officer Buy 112 $22.80 $2,549 No
2018-09-10 May Leonard EVP & Chief Credit Officer Buy 91 $27.75 $2,531 No
2018-06-04 May Leonard EVP & Chief Credit Officer Buy 86 $28.84 $2,480 No

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