Metrocity Bankshares Inc
NASDAQ:MCBS
During the last 3 months Metrocity Bankshares Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 15% over this period (open performance analysis).
The last transaction was made on Nov 25, 2024 by Tan Farid (Vice President) , who sold 213.2k USD worth of MCBS shares.
During the last 3 months Metrocity Bankshares Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 15% over this period (open performance analysis).
The last transaction was made on Nov 25, 2024 by Tan Farid (Vice President) , who sold 213.2k USD worth of MCBS shares.
Metrocity Bankshares Inc
Glance View
MetroCity Bankshares, Inc. is a bank holding company, which engages in the provision of commercial bank services. The company is headquartered in Doraville, Georgia and currently employs 216 full-time employees. The company went IPO on 2019-10-03. The firm operates through its banking subsidiary, Metro City Bank. Metro City Bank is a Georgia state-chartered commercial bank. The Bank offers a suite of loan and deposit products. The company operates through approximately 19 branch locations across Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. The firm offers banking products and services that are competitively priced with a focus on convenience and accessibility. The Company’s offers online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay. The company also offers a range of treasury management services, including balance reporting, transfers between accounts, wire transfer initiation automated clearing house (ACH) origination and stop payments.
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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