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Sector Analysis

National Commercial Banks

Standard Industrial Classification: SIC 6021

Industry Insider Sentiment Analysis

The National Commercial Banks sector (SIC 6021) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.

Filing Date Trade Date Ticker Company Reporting Person Relationship Type Price Qty Total, $ Owned After
2020-03-17 23:22 2020-03-16 BANF BANCFIRST CORP /OK/ Brace Mark Officer BUY $34.12 600 $20,472 600
2020-03-17 21:30 2020-03-13 FRME FIRST MERCHANTS CORP Marhenke Michael C Director BUY $28.50 5,000 $142,500 23,889
2020-03-17 23:25 2020-03-17 BANF BANCFIRST CORP /OK/ Wedel Gregory Director BUY $33.72 2,000 $67,444 2,000
2020-03-17 23:04 2020-03-16 AROW Arrow Financial Corporation Read Colin L Director SELL $25.30 92 $2,327 12,844
2020-03-17 23:29 2020-03-17 BANF BANCFIRST CORP /OK/ McCasland Thomas Howard III Director SELL $34.89 18,000 $628,058 74,380
2020-03-17 23:29 2020-03-17 BANF BANCFIRST CORP /OK/ McCasland Thomas Howard III Director BUY $34.89 18,000 $628,058 92,380
2020-03-17 23:38 2020-03-17 BANF BANCFIRST CORP /OK/ FORAKER RANDY Officer BUY $33.50 240 $8,040 240
2020-03-17 21:29 2020-03-16 FRME FIRST MERCHANTS CORP HARDWICK MARK K Officer BUY $26.68 5,424 $144,723 9,698
2020-03-16 21:45 2020-03-13 MRBK Meridian Corp Annas Christopher J. Director, Officer BUY $16.50 4,000 $66,000 205,897
2020-03-17 00:52 2020-03-16 VLY VALLEY NATIONAL BANCORP Janis Ronald H. Officer BUY $6.98 7,000 $48,860 17,205
2020-03-16 21:33 2020-03-12 PNC PNC FINANCIAL SERVICES GROUP, INC. Feldstein Andrew T Director BUY $94.92 26,325 $2,498,769 40,158
2020-03-16 22:55 2020-03-16 BANF BANCFIRST CORP /OK/ Samis Michael S. Director BUY $35.00 3,000 $105,000 3,000
2020-03-17 00:22 2020-03-12 PRK PARK NATIONAL CORP /OH/ ONEILL ROBERT E Director BUY $78.98 5,000 $394,900 5,000
2020-03-17 00:35 2020-03-16 FUNC FIRST UNITED CORP/MD/ Rodeheaver Carissa Lynn Director, Officer BUY $15.48 247 $3,823 14,887
2020-03-16 15:47 2020-03-12 CBTX Stellar Bancorp, Inc. Penland Joe Sr Director BUY $18.39 11,171 $205,381 357,190
2020-03-16 20:13 2020-03-13 WFC WELLS FARGO & COMPANY/MN SCHARF CHARLES W Director, Officer BUY $28.69 173,000 $4,963,370 176,916
2020-03-16 22:54 2020-03-16 BANF BANCFIRST CORP /OK/ Johnstone William O Director, Officer BUY $35.25 2,000 $70,502 7,000
2020-03-16 21:17 2020-03-13 ASRV AMERISERV FINANCIAL INC /PA/ STOPKO JEFFREY A Officer BUY $3.71 2,000 $7,422 75,439
2020-03-16 23:17 2020-03-13 FHN FIRST HORIZON CORP NISWONGER SCOTT M Director BUY $9.40 50,000 $469,835 871,273
2020-03-16 20:28 2020-03-13 WFC WELLS FARGO & COMPANY/MN NOSKI CHARLES H Director BUY $29.53 20,000 $590,600 20,235
2020-03-13 22:27 2020-03-12 CAC CAMDEN NATIONAL CORP Rose Patricia A Officer BUY $23.15 872 $20,187 6,519
2020-03-13 22:54 2020-03-13 FNB FNB CORP/PA/ Robinson Barry C Officer BUY $7.90 6,000 $47,409 53,417
2020-03-13 18:53 2020-03-13 NEWT NewtekOne, Inc. Downs Peter Mathison Director, Officer BUY $13.16 750 $9,870 37,582
2020-03-13 20:14 2020-03-12 AROW Arrow Financial Corporation Read Colin L Director SELL $25.45 239 $6,083 12,892
2020-03-13 23:28 2020-03-12 FHN FIRST HORIZON CORP Burdick Kenneth A Director BUY $8.95 5,000 $44,750 14,760
2020-03-13 22:40 2020-03-12 CAC CAMDEN NATIONAL CORP Nightingale Timothy P Officer BUY $23.15 555 $12,848 49,146
2020-03-14 00:22 2020-03-13 VLY VALLEY NATIONAL BANCORP Steans Jennifer W Director BUY $7.54 325,000 $2,450,988 297,450
2020-03-13 21:13 2020-03-12 WSBC WESBANCO INC NELSON F ERIC JR Director BUY $22.00 1,500 $33,000 32,085
2020-03-13 23:33 2020-03-13 BANF BANCFIRST CORP /OK/ Harlow David R Director, Officer BUY $34.65 7,000 $242,565 7,000
2020-03-13 23:17 2020-03-13 BANF BANCFIRST CORP /OK/ WILLIAMS G RAINEY JR Director BUY $37.78 1,000 $37,780 64,600
2020-03-13 22:35 2020-03-12 CAC CAMDEN NATIONAL CORP DUFOUR GREGORY A Director, Officer BUY $23.15 2,978 $68,941 97,710
2020-03-13 20:03 2020-03-12 NEWT NewtekOne, Inc. SALUTE RICHARD J Director BUY $12.88 1,555 $20,028 14,644
2020-03-13 17:24 2020-03-12 FNB FNB CORP/PA/ HORMELL ROBERT A Director BUY $7.75 3,000 $23,250 77,719
2020-03-13 17:15 2020-03-13 BANF BANCFIRST CORP /OK/ Johnstone William O Director, Officer BUY $36.40 1,000 $36,400 5,000
2020-03-13 23:28 2020-03-13 BANF BANCFIRST CORP /OK/ NORICK RONALD J Director BUY $38.21 10,000 $382,068 36,000
2020-03-13 18:42 2020-03-13 ATLO AMES NATIONAL CORP Benson David W. Director BUY $22.03 200 $4,405 1,749
2020-03-13 18:35 2020-03-12 ATLO AMES NATIONAL CORP LARSON JAMES R II Director BUY $19.63 400 $7,852 2,500
2020-03-13 18:24 2020-03-12 ATLO AMES NATIONAL CORP DEARDORFF KEVIN G Officer BUY $18.80 2,660 $50,008 2,660
2020-03-13 16:53 2020-03-13 NEWT NewtekOne, Inc. SLOANE BARRY Director, Officer BUY $13.43 1,000 $13,430 1,044,594
2020-03-13 16:18 2020-03-12 SMBK SMARTFINANCIAL INC. Carroll William Young Sr. Director, Officer BUY $15.88 2,000 $31,752 29,468
2020-03-12 23:08 2020-03-12 MRBK Meridian Corp Casciato Robert M. Director BUY $18.25 5,500 $100,375 73,579
2020-03-12 23:00 2020-03-10 MRBK Meridian Corp Holland Robert T. Director BUY $17.61 500 $8,804 23,388
2020-03-12 21:42 2020-03-10 PNC PNC FINANCIAL SERVICES GROUP, INC. Medler Linda R Director BUY $101.65 50 $5,083 60
2020-03-12 22:50 2020-03-11 FNB FNB CORP/PA/ Dively Mary Jo Director BUY $8.41 5,000 $42,031 32,346
2020-03-12 23:35 2020-03-12 WSBC WESBANCO INC Knouse-Snyder Denise H Director BUY $21.95 1,000 $21,946 3,070
2020-03-12 16:27 2020-03-11 NEWT NewtekOne, Inc. Zink Gregory L Director BUY $15.31 500 $7,655 12,054
2020-03-12 22:09 2020-03-12 VLY VALLEY NATIONAL BANCORP Robbins Ira Director, Officer BUY $6.84 2,500 $17,100 219,725
2020-03-12 23:06 2020-03-12 FNB FNB CORP/PA/ DELIE VINCENT J JR Director, Officer BUY $7.47 10,000 $74,704 467,381
2020-03-12 23:52 2020-03-10 FULT FULTON FINANCIAL CORP Waters Ernest J Director BUY $13.22 2,000 $26,438 30,468
2020-03-12 21:46 2020-03-12 FCF FIRST COMMONWEALTH FINANCIAL CORP /PA/ DAHLMANN DAVID S Director BUY $9.01 2,000 $18,019 54,862
SHOW ENTRIES

Sector-Wide Insider Alpha

Analyzing insider movements across the National Commercial Banks sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (6021) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.

SEC Filings in National Commercial Banks

Every transaction in the National Commercial Banks industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.