Northwest Bancshares Inc
NASDAQ:NWBI
During the last 3 months Northwest Bancshares Inc insiders bought 194.6k USD , and sold 45.6k USD worth of shares. The stock price has dropped by 7% over this period (open performance analysis).
The last transaction was made on
Feb 4, 2025
by
Paup Mark A
(Chief Executive Officer)
, who
bought
63.3k USD
worth of NWBI shares.
During the last 3 months Northwest Bancshares Inc insiders bought 194.6k USD , and sold 45.6k USD worth of shares. The stock price has dropped by 7% over this period (open performance analysis).
The last transaction was made on
Feb 4, 2025
by
Paup Mark A
(Chief Executive Officer)
, who
bought
63.3k USD
worth of NWBI shares.
Northwest Bancshares Inc
Glance View
Northwest Bancshares Inc., with roots dating back to 1896, has woven itself into the financial fabric of a myriad of communities, primarily in the northeastern United States. As the parent company of Northwest Bank, it navigates the complex waters of financial services by balancing traditional banking routes with modern innovations. The bank stands as a vital pillar in its regions, offering individuals and small businesses a reliable partner for personal and commercial banking needs. Core to its operations are the more than 150 branch offices across Pennsylvania, New York, Ohio, and Indiana, where it provides an array of products including savings accounts, mortgages, personal loans, and business credit. This geographic spread offers Northwest stability and reach, crucial for its steady performance even in less favorable economic climates. The company's revenue engine is fueled by its interest income, which it earns by leveraging depositor funds towards an extensive loan portfolio that includes real estate and commercial loans. Interest from these loans constitutes the lion's share of its earnings, making prudent lending and risk management vital to its success. Besides, Northwest Bancshares generates additional income from its fee-based services - such as trust, investment management, and insurance services - which add a diverse stream of activity beyond traditional interest-bearing endeavors. This strategic combination allows Northwest Bancshares Inc. not only to weather financial headwinds but also to capitalize on growth opportunities within its market footprint, reinforcing its role as a bedrock in the communities it serves.
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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