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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
2024-10-07 23:49 2024-10-03 CBNA CHAIN BRIDGE BANCORP INC Brough John J Director, Officer BUY $22.00 1,252 $27,544 1,252
2024-10-07 21:50 2024-10-04 PNC PNC FINANCIAL SERVICES GROUP, INC. DEMCHAK WILLIAM S Director, Officer SELL $181.35 1,242 $225,237 548,491
2024-10-08 01:43 2024-10-03 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $40.02 9,570,980 $383,039,233 784,549,933
2024-10-02 18:31 2024-10-01 AROW Arrow Financial Corporation O'Conor Raymond F Director SELL $28.04 2,000 $56,080 41,176
2024-10-03 01:42 2024-09-30 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $39.53 8,547,947 $337,861,879 794,120,913
2024-10-03 00:19 2024-10-01 UMBF UMB FINANCIAL CORP KEMPER J MARINER Director, Officer SELL $101.81 24,300 $2,473,985 1,600,904
2024-10-01 00:00 2024-09-27 PNC PNC FINANCIAL SERVICES GROUP, INC. DEMCHAK WILLIAM S Director, Officer SELL $183.74 1,242 $228,205 549,733
2024-09-30 21:53 2024-09-30 FDBC FIDELITY D & D BANCORP INC CALI BRIAN J Director, Officer BUY $54.15 213 $11,532 397,151
2024-09-30 20:47 2024-07-22 FMCB FARMERS & MERCHANTS BANCORP SUESS CALVIN J Director SELL $970.39 300 $291,117 1,800
2024-09-28 01:44 2024-09-25 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $39.45 11,678,366 $460,663,657 802,668,860
2024-09-24 16:03 2024-09-23 FCF FIRST COMMONWEALTH FINANCIAL CORP /PA/ McCuen Michael P Officer BUY $16.99 2,919 $49,594 57,623
2024-09-24 18:51 2024-09-23 NEWT NewtekOne, Inc. SLOANE BARRY Director, Officer BUY $11.75 40,134 $471,558 1,187,457
2024-09-25 01:47 2024-09-20 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $40.01 21,561,209 $862,670,440 814,347,226
2024-09-23 16:57 2024-09-20 NEWT NewtekOne, Inc. SALUTE RICHARD J Director BUY $11.73 500 $5,865 33,117
2024-09-23 23:23 2024-09-20 PNC PNC FINANCIAL SERVICES GROUP, INC. DEMCHAK WILLIAM S Director, Officer SELL $186.45 1,242 $231,571 550,975
2024-09-23 21:45 2024-09-20 FDBC FIDELITY D & D BANCORP INC SANTANIELLO DANIEL J Director, Officer SELL $53.00 500 $26,500 54,882
2024-09-20 23:04 2024-09-18 WBS WEBSTER FINANCIAL CORP CIULLA JOHN R Officer SELL $48.04 8,000 $384,327 229,049
2024-09-20 23:02 2024-09-20 NEWT NewtekOne, Inc. Mulia Salvatore Francis Director BUY $11.72 500 $5,860 45,791
2024-09-19 22:16 2024-09-17 SFST SOUTHERN FIRST BANCSHARES INC CUBBAGE LEIGHTON M Director SELL $33.99 2,500 $84,978 51,803
2024-09-20 01:59 2024-09-17 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $40.23 22,272,071 $896,083,369 835,908,435
2024-09-18 17:05 2024-09-18 NEWT NewtekOne, Inc. Zink Gregory L Director BUY $11.38 1,000 $11,380 32,017
2024-09-18 17:11 2024-09-16 SFST SOUTHERN FIRST BANCSHARES INC CUBBAGE LEIGHTON M Director SELL $33.29 2,515 $83,728 54,303
2024-09-18 16:00 2024-09-16 CBKM CONSUMERS BANCORP INC /OH/ PADEN FRANK L Director BUY $17.30 232 $4,022 9,492
2024-09-18 15:57 2024-09-16 CBKM CONSUMERS BANCORP INC /OH/ Goris Bradley Director BUY $17.30 442 $7,645 17,256
2024-09-18 15:49 2024-09-16 CBKM CONSUMERS BANCORP INC /OH/ Lober Ralph J II Director, Officer BUY $17.55 105 $1,843 66,571
2024-09-18 01:30 2024-09-13 HWBK HAWTHORN BANCSHARES, INC. Hettinger Shawna M. Director BUY $24.10 21 $506 4,124
2024-09-17 21:54 2024-09-16 NBTB NBT BANCORP INC Wiles Amy Officer SELL $45.00 556 $25,020 28,909
2024-09-17 21:43 2024-09-13 NBTB NBT BANCORP INC Robinson V Daniel II Director SELL $44.66 80,000 $3,572,696 387,558
2024-09-17 22:21 2024-09-17 WSBC WESBANCO INC RICHMOND BRENT E Officer SELL $31.26 11,523 $360,167 27,325
2024-09-16 23:41 2024-09-13 CASH PATHWARD FINANCIAL, INC. Sharett Anthony M. Officer SELL $66.40 3,100 $205,840 30,046
2024-09-16 23:37 2024-09-12 CASH PATHWARD FINANCIAL, INC. Hajek Douglas J. Director SELL $64.91 2,000 $129,820 19,531
2024-09-16 22:35 2024-09-13 PNC PNC FINANCIAL SERVICES GROUP, INC. DEMCHAK WILLIAM S Director, Officer SELL $178.10 1,242 $221,200 552,217
2024-09-16 18:07 2024-09-12 SFST SOUTHERN FIRST BANCSHARES INC CUBBAGE LEIGHTON M Director SELL $31.63 3,744 $118,438 56,818
2024-09-14 00:45 2024-09-13 BANF BANCFIRST CORP /OK/ Rainbolt Leslie Jeannine Director, 10% owner SELL $105.02 10,371 $1,089,205 4,944,702
2024-09-13 20:12 2024-09-12 NBTB NBT BANCORP INC Sparks Martin Randolph Officer SELL $48.37 1,000 $48,370 15,003
2024-09-14 00:44 2024-09-13 BANF BANCFIRST CORP /OK/ Main Street Banking Partners LP 10% owner SELL $105.02 10,371 $1,089,205 4,944,702
2024-09-13 20:09 2024-09-11 NBTB NBT BANCORP INC Robinson V Daniel II Director SELL $43.92 70,000 $3,074,183 467,558
2024-09-14 00:41 2024-09-13 BANF BANCFIRST CORP /OK/ RAINBOLT DAVID E Director, Officer, 10% owner SELL $105.02 10,372 $1,089,310 211,567
2024-09-13 15:00 2024-09-12 SMBK SMARTFINANCIAL INC. Jordan Rhett D. Officer SELL $28.58 70 $2,001 10,908
2024-09-12 23:09 2024-09-11 WBS WEBSTER FINANCIAL CORP MORSE LAURENCE C Director SELL $43.98 8,175 $359,537 32,025
2024-09-12 03:31 2024-09-11 BANF BANCFIRST CORP /OK/ Rainbolt Leslie Jeannine Director, 10% owner SELL $105.01 1,391 $146,063 4,955,073
2024-09-12 03:27 2024-09-11 BANF BANCFIRST CORP /OK/ Main Street Banking Partners LP 10% owner SELL $105.01 1,391 $146,063 4,955,073
2024-09-11 21:51 2024-09-11 N/A WILSON BANK HOLDING CO Oakley Clark Officer BUY $73.10 10 $731 3,748
2024-09-11 21:37 2024-09-11 FDBC FIDELITY D & D BANCORP INC Silverman Alan Director SELL $51.50 2,000 $103,000 19,049
2024-09-12 03:50 2024-09-11 BANF BANCFIRST CORP /OK/ RAINBOLT DAVID E Director, Officer, 10% owner SELL $105.01 1,391 $146,063 215,024
2024-09-11 00:54 2024-09-09 BANF BANCFIRST CORP /OK/ Rainbolt Leslie Jeannine Director, 10% owner SELL $105.10 1,631 $171,415 4,956,464
2024-09-11 00:49 2024-09-09 BANF BANCFIRST CORP /OK/ Main Street Banking Partners LP 10% owner SELL $105.10 1,631 $171,415 4,956,464
2024-09-10 23:05 2024-09-09 WBS WEBSTER FINANCIAL CORP WILKINS CHARLES L Officer SELL $44.85 6,500 $291,534 38,657
2024-09-10 23:03 2024-09-06 PNC PNC FINANCIAL SERVICES GROUP, INC. DEMCHAK WILLIAM S Director, Officer SELL $180.71 1,242 $224,442 553,459
2024-09-10 16:52 2024-09-09 SFST SOUTHERN FIRST BANCSHARES INC CUBBAGE LEIGHTON M Director SELL $31.02 1,290 $40,013 60,562
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.