Mid Penn Bancorp Inc
NASDAQ:MPB
During the last 3 months Mid Penn Bancorp Inc insiders bought 69.9k USD , and have not sold any shares. The stock price has dropped by 10% over this period (open performance analysis).
The last transaction was made on
Feb 14, 2025
by
Ritrievi Rory G
(Chairman, President & CEO)
, who
bought
14.7k USD
worth of MPB shares.
During the last 3 months Mid Penn Bancorp Inc insiders bought 69.9k USD , and have not sold any shares. The stock price has dropped by 10% over this period (open performance analysis).
The last transaction was made on
Feb 14, 2025
by
Ritrievi Rory G
(Chairman, President & CEO)
, who
bought
14.7k USD
worth of MPB shares.
Mid Penn Bancorp Inc
Glance View
Mid Penn Bancorp, Inc. operates as a bank holding company for Mid Penn Bank, which engages in the provision of commercial banking and financial services. The company is headquartered in Harrisburg, Pennsylvania and currently employs 567 full-time employees. The firm operates through its wholly owned subsidiary, Mid Penn Bank (the Bank). The firm's primary business consists of attracting deposits and loans from the Bank’s network of community banking offices. The Bank is engaged in full-service commercial banking and trust business, making available to the community a range of financial services, including mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development and local government loans and various types of time and demand deposits. In addition, the Bank provides a full range of trust and retail investment services. The Bank also offers other services, such as online banking, telephone banking, cash management services, automated teller services and safe deposit boxes. The Bank has approximately 60 full-service retail banking locations in Pennsylvania counties.
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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