Trade alert: David Campbell of Fulton Financial Corporation (NASDAQ: FULT), just spent US $ 175,000 to buy 86% more shares

Potential Fulton Financial Corporation (NASDAQ: FULT) Shareholders may wish to note that insider David Campbell recently purchased US $ 175,000 of shares, paying US $ 17.00 for each share. We think this is a good sign, especially since the purchase increased their stake by 86%.

See our latest review for Fulton Financial

Fulton Financial Insider Trading in the Past Year

Notably, this recent purchase by David Campbell is the biggest insider buy of Fulton Financial shares we’ve seen in the past year. This means that an insider was happy to buy shares around the current price of US $ 17.11. While their opinion may have changed since the purchase, it at least suggests that they have confidence in the future of the business. If someone is buying stocks at prices well below current prices, that’s a good sign overall, but keep in mind that they may no longer see value. Fortunately, the Fulton Financial insider decided to buy shares at prices close to current prices. David Campbell was the only individual insider to buy in the past year.

Over the past year, we’ve seen more insider selling of Fulton Financial shares than buying. The chart below shows insider trading (by businesses and individuals) over the past year. If you want to know exactly who sold, for how much and when, just click on the graph below!

NasdaqGS: FULT Insider Trading Volume November 25, 2021

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Insider ownership of Fulton Financial

Another way to test the alignment between a company’s executives and other shareholders is to look at how many shares they own. Strong insider ownership often makes company management more concerned with the interests of shareholders. Fulton Financial insiders own around $ 28 million in shares. This equates to 1.0% of the business. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest an alignment between insiders and other shareholders.

So what do Fulton Financial’s insider trading indicate?

It’s certainly positive to see the recent insider buy. But the same cannot be said for the transactions of the last 12 months. The most recent trades are positive, but Fulton Financial insiders haven’t shown the sustained enthusiasm we seek, despite owning a decent number of shares, overall. In short, they are probably aligned with the shareholders. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. For example – Fulton Financial has 1 warning sign we think you should be aware.

Sure, you might find a fantastic investment looking elsewhere. So take a look at this free list of interesting companies.

For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.

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