Finwise Bancorp
NASDAQ:FINW
During the last 3 months Finwise Bancorp insiders have not bought any shares, and have not sold any shares. The stock price has increased by 7% over this period (open performance analysis).
The last transaction was made on
Mar 5, 2024
by
Keil Robert
(President and Chief Executive Officer)
, who
bought
8k USD
worth of FINW shares.
During the last 3 months Finwise Bancorp insiders have not bought any shares, and have not sold any shares. The stock price has increased by 7% over this period (open performance analysis).
The last transaction was made on
Mar 5, 2024
by
Keil Robert
(President and Chief Executive Officer)
, who
bought
8k USD
worth of FINW shares.
Finwise Bancorp
Glance View
FinWise Bancorp is a bank holding company, which engages in the provision of consumer banking and lending services through its subsidiary FinWise Bank. The company is headquartered in Murray, Utah and currently employs 109 full-time employees. The company went IPO on 2021-08-12. The Bank is a Utah state-chartered non-member bank, which provides loans and take deposits from consumers and small businesses across the United States of America. The firm's banking business offers a range of commercial and retail banking products and services, and consists primarily of originating loans in various sectors. The Bank primarily utilize short-term and long-term borrowings to supplement deposits to fund its lending and investment activities. Its primary sources of funds consist of deposit inflows, the sale of loans, repayment of loans and net profits.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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