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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
2018-05-18 00:32 2018-05-17 HWBK HAWTHORN BANCSHARES, INC. TURNER DAVID T Director, Officer BUY $22.00 428 $9,416 23,645
2018-05-18 00:11 2018-05-17 HWBK HAWTHORN BANCSHARES, INC. FREEMAN PHILIP D Director BUY $22.00 429 $9,438 72,625
2018-05-18 00:27 2018-05-17 HWBK HAWTHORN BANCSHARES, INC. RILEY KEVIN L Director BUY $22.00 428 $9,416 22,768
2018-05-17 01:53 2018-05-14 JPM JPMORGAN CHASE & CO Combs Todd A. Director BUY $114.61 13,000 $1,489,898 18,277
2018-05-16 23:18 2018-05-15 COF CAPITAL ONE FINANCIAL CORP Borgmann Kevin S. Officer SELL $95.00 4,860 $461,700 43,450
2018-05-17 00:32 2018-05-16 NBHC National Bank Holdings Corp Newfield Richard U Jr. Officer OPT+S $36.57 50,000 $1,828,460 102,809
2018-05-16 23:49 2018-05-15 HBAN HUNTINGTON BANCSHARES INC /MD/ Neumeyer Daniel J. Officer OPT+S $15.13 25,178 $380,817 464,982
2018-05-16 22:57 2018-05-15 AROW Arrow Financial Corporation O'Conor Raymond F Director SELL $36.15 500 $18,075 47,327
2018-05-16 17:38 2018-05-15 PNFP Pinnacle Financial Partners, Inc. 6.75% Non-Cumulative Perpetual Preferred Stock, Series B CALLICUTT RICHARD D II Director, Officer SELL $65.56 20,000 $1,311,238 148,741
2018-05-15 18:50 2018-05-15 BANF BANCFIRST CORP /OK/ Anderson John Officer OPT+S $58.31 5,000 $291,533 0
2018-05-15 23:24 2018-05-11 BBT TRUIST FINANCIAL CORP Weaver David Hudson Officer OPT+S $55.23 10,782 $595,452 18,043
2018-05-16 00:11 2018-05-14 RF REGIONS FINANCIAL CORP Lusco C. Matthew Officer SELL $19.23 10,000 $192,314 121,473
2018-05-15 23:15 2018-05-11 CMA COMERICA INC BABB RALPH W JR Director, Officer OPT+S $98.12 50,000 $4,906,100 642,265
2018-05-14 19:20 2018-05-11 FNB FNB CORP/PA/ Dively Mary Jo Director BUY $13.40 3,000 $40,193 5,200
2018-05-15 00:22 2018-05-14 NCBS NICOLET BANKSHARES INC ATWELL ROBERT BRUCE Director, Officer SELL $55.16 5,632 $310,661 39,888
2018-05-14 20:29 2018-05-10 SFST SOUTHERN FIRST BANCSHARES INC Dowling Michael D Officer OPT+S $47.04 3,000 $141,125 34,307
2018-05-11 16:20 2018-05-09 FRME FIRST MERCHANTS CORP Kawiecki Michele Officer SELL $44.42 600 $26,654 4,476
2018-05-11 23:14 2018-05-10 RF REGIONS FINANCIAL CORP Turner David J Jr Officer SELL $19.34 46,374 $896,841 114,660
2018-05-11 23:31 2018-05-10 TBBK Bancorp, Inc. COHEN DANIEL G Director SELL $11.09 150,000 $1,662,960 392,096
2018-05-11 23:14 2018-05-10 RF REGIONS FINANCIAL CORP HALL GRAYSON Director, Officer SELL $19.34 193,228 $3,736,856 425,500
2018-05-12 00:03 2018-05-10 FFBC FIRST FINANCIAL BANCORP /OH/ DAVIS CLAUDE E Director, Officer SELL $32.23 35,000 $1,128,033 369,566
2018-05-12 01:16 2018-05-09 BDGE Dime Community Bancshares, Inc. /NY/ BASSWOOD CAPITAL MANAGEMENT, L.L.C. Director, 10% owner BUY $36.61 167 $6,114 26,306
2018-05-10 23:01 2018-05-08 KEY KEYCORP /NEW/ Burke Edward J. Officer OPT+S $19.83 10,000 $198,300 126,526
2018-05-11 01:51 2018-05-08 COF CAPITAL ONE FINANCIAL CORP Borgmann Kevin S. Officer SELL $95.00 11,584 $1,100,480 48,310
2018-05-10 17:38 2018-05-08 BBT TRUIST FINANCIAL CORP Yates William Rufus Officer OPT+S $54.20 16,279 $882,345 25,822
2018-05-11 02:06 2018-05-09 NBHC National Bank Holdings Corp Warren Burney S. III Director SELL $36.36 3,825 $139,081 22,489
2018-05-10 21:39 2018-05-09 VLY VALLEY NATIONAL BANCORP Steans Jennifer W Director SELL $12.76 175,300 $2,236,828 0
2018-05-10 22:55 2018-05-08 VLY VALLEY NATIONAL BANCORP GUILFOILE MARY Director SELL $12.75 18,516 $236,079 245,170
2018-05-11 01:50 2018-05-08 COF CAPITAL ONE FINANCIAL CORP FAIRBANK RICHARD D Director, Officer OPT+S $95.00 511 $48,545 2,769,138
2018-05-10 23:27 2018-05-09 SFST SOUTHERN FIRST BANCSHARES INC SEAVER R ARTHUR JR Director, Officer OPT+S $46.90 9,983 $468,194 33,743
2018-05-11 00:44 2018-05-10 FMCB FARMERS & MERCHANTS BANCORP Misasi J. Ryan Officer BUY $650.00 6 $3,900 588
2018-05-10 00:43 2018-05-08 ZION ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ ALEXANDER BRUCE K Officer SELL $56.32 3,892 $219,213 15,881
2018-05-09 17:33 2018-05-08 SFST SOUTHERN FIRST BANCSHARES INC CUBBAGE LEIGHTON M Director SELL $47.15 18 $849 88,547
2018-05-09 22:16 2018-05-07 SFNC SIMMONS FIRST NATIONAL CORP BURCHFIELD JAY D Director SELL $29.96 20,000 $599,200 89,934
2018-05-10 01:27 2018-05-08 UMBF UMB FINANCIAL CORP Pauls John Officer OPT+S $78.52 470 $36,903 5,370
2018-05-09 00:16 2018-05-07 RF REGIONS FINANCIAL CORP Keenan David R. Officer OPT+S $18.76 48,101 $902,432 50,619
2018-05-08 20:25 2018-05-07 CHCO CITY HOLDING CO HAGEBOECK CHARLES R Director, Officer SELL $72.25 4,000 $289,000 59,156
2018-05-09 00:39 2018-05-07 CBU COMMUNITY FINANCIAL SYSTEM, INC. MICHAEL R KALLET Director SELL $58.00 2,803 $162,574 1,300
2018-05-08 17:14 2018-05-04 FRME FIRST MERCHANTS CORP HARDWICK MARK K Officer SELL $43.91 4,500 $197,591 59,950
2018-05-08 21:48 2018-05-03 CFR CULLEN/FROST BANKERS, INC. WESTON GRAHAM M Director BUY $114.05 43,000 $4,904,180 134,713
2018-05-09 00:39 2018-05-04 BDGE Dime Community Bancshares, Inc. /NY/ BASSWOOD CAPITAL MANAGEMENT, L.L.C. Director, 10% owner BUY $36.24 32,518 $1,178,452 26,139
2018-05-08 00:28 2018-05-04 HBAN HUNTINGTON BANCSHARES INC /MD/ Maloney Nancy E Officer SELL $14.54 1,958 $28,460 79,646
2018-05-07 15:29 2018-05-04 WSFS WSFS FINANCIAL CORP Ward Patrick Joseph Officer SELL $51.38 2,000 $102,750 94,821
2018-05-07 21:37 2018-05-04 WBS WEBSTER FINANCIAL CORP CRAWFORD JOHN JOSEPH Director OPT+S $61.03 4,000 $244,120 6,792
2018-05-07 21:14 2018-05-04 WABC WESTAMERICA BANCORPORATION THORSON JOHN A Officer OPT+S $56.53 5,824 $329,217 0
2018-05-04 22:41 2018-05-03 CHCO CITY HOLDING CO LEGGE JEFFREY DALE Officer SELL $72.00 899 $64,728 6,252
2018-05-04 23:23 2018-05-04 CASH PATHWARD FINANCIAL, INC. Hajek Douglas J. Director SELL $100.78 800 $80,624 3,027
2018-05-04 23:52 2018-05-02 FUNC FIRST UNITED CORP/MD/ McCullough John Director BUY $19.35 146 $2,823 31,516
2018-05-04 23:41 2018-05-02 RF REGIONS FINANCIAL CORP Gale Fournier J. III Officer OPT+S $18.38 63,639 $1,169,494 0
2018-05-04 20:34 2018-05-03 UBOH UNITED BANCSHARES INC/OH Lucke Daniel J Officer BUY $21.73 468 $10,170 1,895
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.