Published on 22 Apr 2024 on Simply Wall St. via Yahoo Finance
Bullish Stellar Bancorp Insiders Loaded Up On US$3.42m Of Stock
Multiple insiders secured a larger position in Stellar Bancorp, Inc. (NYSE:STEL) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company's prospects.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.