The recent insider selling at Customers Bancorp, particularly by the CFO, may worry shareholders. Despite high insider ownership, the absence of insider buying over the past year and selling of shares below the current price suggests a lack of confidence in the company's valuation.
High level of insider selling, below current price, may indicate insiders find low price reasonable. The selling trend and high insider ownership suggest management incentives align with shareholders.
$Pacific Premier Bancorp (PPBI.US)$The knock-on effect of the Silicon Valley Bank bankruptcy is still widening. Since Silicon Valley Bank declared bankruptcy, the market has been trying to figure out which other banks are at similar risk. The panic in the market fermented, and the market value of small banks, which were already short of money, further evaporated. Customers concentrated in banks to withdraw cash, which led to increased risk of runs, r...
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Customers Bancorp Stock Discussion
Since Silicon Valley Bank declared bankruptcy, the market has been trying to figure out which other banks are at similar risk. The panic in the market fermented, and the market value of small banks, which were already short of money, further evaporated. Customers concentrated in banks to withdraw cash, which led to increased risk of runs, r...
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$Customers Bancorp (CUBI.US)$ TP at 54.63
Update on 29 Oct 2021
$Customers Bancorp (CUBI.US)$It broke the resistant and went up. Going to take TP.
Update: 3 Sept 2021
$Customers Bancorp (CUBI.US)$Didn't break resistant and 1 pip shy away from resistant. Now forming Double Top pattern. Support is around 35$.
$Customers Bancorp (CUBI.US)$is going to break resistant. if resistant is broken, it might go up higher.
SL - 32.60
TP - 56
DYODD
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