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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
2024-09-11 02:13 2024-09-06 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $39.45 5,797,093 $228,688,942 858,180,506
2024-09-11 01:11 2024-09-09 BANF BANCFIRST CORP /OK/ RAINBOLT DAVID E Director, Officer, 10% owner SELL $105.10 1,632 $171,520 215,488
2024-09-10 01:22 2024-09-09 BANF BANCFIRST CORP /OK/ Rainbolt Leslie Jeannine Director, 10% owner SELL $105.46 22,115 $2,332,091 4,958,095
2024-09-10 01:19 2024-09-09 BANF BANCFIRST CORP /OK/ Main Street Banking Partners LP 10% owner SELL $105.46 22,115 $2,332,091 4,958,095
2024-09-10 01:12 2024-09-09 BANF BANCFIRST CORP /OK/ RAINBOLT DAVID E Director, Officer, 10% owner SELL $105.46 22,114 $2,331,986 216,032
2024-09-06 23:31 2024-09-04 BANC BANC OF CALIFORNIA, INC. LASHLEY RICHARD J Director SELL $14.12 200,000 $2,824,920 2,355,280
2024-09-06 16:14 2024-09-05 ATLO AMES NATIONAL CORP Baker Jeffery C Director BUY $18.16 600 $10,896 2,822
2024-09-06 23:20 2024-09-06 UMBF UMB FINANCIAL CORP ROBBINS KRIS A Director SELL $102.50 5,000 $512,500 3,211
2024-09-06 22:35 2024-09-06 CBKM CONSUMERS BANCORP INC /OH/ Lober Ralph J II Director, Officer BUY $17.50 300 $5,250 66,260
2024-09-06 00:46 2024-09-03 NBHC National Bank Holdings Corp Randall Christopher S. Officer SELL $43.51 3,750 $163,163 14,365
2024-09-05 19:21 2024-09-04 ATLO AMES NATIONAL CORP BAUDLER HORRAS BETTY A Director BUY $18.00 50 $900 22,075
2024-09-06 01:59 2024-09-04 HOPE HOPE BANCORP INC Harris Angelee Officer SELL $12.48 1,500 $18,720 23,331
2024-09-06 02:15 2024-09-03 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $40.54 18,746,304 $760,037,027 863,977,599
2024-09-04 18:13 2024-08-30 PNC PNC FINANCIAL SERVICES GROUP, INC. DEMCHAK WILLIAM S Director, Officer SELL $183.17 1,242 $227,497 554,701
2024-09-04 23:01 2024-09-03 UMBF UMB FINANCIAL CORP KEMPER J MARINER Director, Officer SELL $103.01 24,300 $2,503,211 1,625,204
2024-09-04 00:34 2024-09-03 BANF BANCFIRST CORP /OK/ Rainbolt Leslie Jeannine Director, 10% owner SELL $105.58 1,414 $149,297 4,980,210
2024-09-04 00:29 2024-09-03 BANF BANCFIRST CORP /OK/ Main Street Banking Partners LP 10% owner SELL $105.58 1,414 $149,297 4,980,210
2024-09-03 23:14 2024-08-29 KEY KEYCORP /NEW/ Brady Amy G. Officer OPT+S $16.92 42,535 $719,692 82,648
2024-09-03 20:54 2024-09-03 AROW Arrow Financial Corporation O'Conor Raymond F Director SELL $30.09 2,000 $60,180 43,176
2024-09-03 20:28 2024-08-30 NIC NICOLET BANKSHARES INC DANIELS MICHAEL E Director, Officer OPT+S $98.98 10,316 $1,021,044 72,402
2024-09-03 19:02 2024-08-30 ATLO AMES NATIONAL CORP Cassabaum Michelle R Director BUY $18.75 287 $5,381 6,868
2024-09-03 19:34 2024-08-29 HOPE HOPE BANCORP INC Malone David P Director SELL $12.71 10,428 $132,569 109,991
2024-09-04 00:43 2024-09-03 BANF BANCFIRST CORP /OK/ RAINBOLT DAVID E Director, Officer, 10% owner SELL $105.58 1,414 $149,297 223,404
2024-08-31 00:04 2024-08-30 BANF BANCFIRST CORP /OK/ Rainbolt Leslie Jeannine Director, 10% owner SELL $106.22 18,377 $1,952,007 4,981,624
2024-08-31 00:01 2024-08-30 BANF BANCFIRST CORP /OK/ Main Street Banking Partners LP 10% owner SELL $106.22 18,377 $1,952,007 4,981,624
2024-08-31 01:31 2024-08-28 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $40.24 21,076,473 $848,159,426 882,723,903
2024-08-31 00:13 2024-08-30 BANF BANCFIRST CORP /OK/ RAINBOLT DAVID E Director, Officer, 10% owner SELL $106.22 18,377 $1,952,007 223,875
2024-08-29 21:59 2024-08-29 NKSH NATIONAL BANKSHARES INC Sweet Alan Jeffrey Director BUY $29.65 425 $12,601 8,088
2024-08-30 00:25 2024-08-27 BAC BANK OF AMERICA CORP /DE/ Mensah Bernard A Officer SELL $39.81 92,000 $3,662,060 96,082
2024-08-30 00:36 2024-08-29 BANF BANCFIRST CORP /OK/ FORAKER RANDY Officer OPT+S $107.01 130 $13,912 0
2024-08-30 00:30 2024-08-28 NIC NICOLET BANKSHARES INC DANIELS MICHAEL E Director, Officer OPT+S $98.97 9,324 $922,780 72,402
2024-08-30 00:03 2024-08-29 FFBC FIRST FINANCIAL BANCORP /OH/ DAVIS CLAUDE E Director SELL $26.60 29,000 $771,400 53,576
2024-08-29 23:24 2024-08-29 LCNB LCNB CORP Meilstrup Eric J Director, Officer BUY $15.39 350 $5,386 38,960
2024-08-29 01:38 2024-08-26 NBHC National Bank Holdings Corp LANEY G. TIMOTHY Director, Officer SELL $43.34 16,063 $696,170 256,026
2024-08-29 01:12 2024-08-28 BANF BANCFIRST CORP /OK/ FORAKER RANDY Officer OPT+S $107.10 2,870 $307,384 0
2024-08-28 22:57 2024-08-26 NIC NICOLET BANKSHARES INC DANIELS MICHAEL E Director, Officer OPT+S $98.94 1,289 $127,534 72,402
2024-08-27 23:49 2024-08-23 NBHC National Bank Holdings Corp Clermont Ralph W Director SELL $44.18 10,000 $441,800 66,653
2024-08-27 23:39 2024-08-23 NBHC National Bank Holdings Corp Kramer Valerie D. Officer SELL $44.31 278 $12,318 10,120
2024-08-27 21:05 2024-08-23 SFNC SIMMONS FIRST NATIONAL CORP Garner David W Officer OPT+S $21.21 3,600 $76,356 64,966
2024-08-27 22:01 2024-08-23 PNC PNC FINANCIAL SERVICES GROUP, INC. DEMCHAK WILLIAM S Director, Officer SELL $176.15 1,242 $218,778 555,943
2024-08-27 22:54 2024-08-23 BOKF BOK FINANCIAL CORP BANGERT STEVEN Director SELL $105.23 3,000 $315,675 17,736
2024-08-28 04:28 2024-08-23 BAC BANK OF AMERICA CORP /DE/ BERKSHIRE HATHAWAY INC 10% owner SELL $39.82 24,660,563 $981,862,782 903,800,376
2024-08-27 23:05 2024-08-23 UMBF UMB FINANCIAL CORP Terry Thomas S Officer SELL $103.67 6,133 $635,808 33,314
2024-08-27 23:04 2024-08-23 UMBF UMB FINANCIAL CORP Rine James D Officer SELL $100.50 7,315 $735,161 44,917
2024-08-27 23:02 2024-08-26 UMBF UMB FINANCIAL CORP Shankar Ram Officer SELL $103.77 2,000 $207,537 18,793
2024-08-27 00:47 2024-08-23 CMA COMERICA INC Moore Christine M Officer OPT+S $57.51 2,545 $146,371 27,910
2024-08-26 22:26 2024-08-22 HWBK HAWTHORN BANCSHARES, INC. Burkhead Frank E. Director BUY $21.85 100 $2,185 14,467
2024-08-26 23:18 2024-08-22 NBHC National Bank Holdings Corp Van Denabeele Nicole Officer OPT+S $42.28 2,652 $112,127 8,418
2024-08-26 19:46 2024-08-23 BHRB Burke & Herbert Financial Services Corp. HINKLE GARY L Director BUY $68.09 5,000 $340,450 233,155
2024-08-26 23:09 2024-08-23 UMBF UMB FINANCIAL CORP Wilson Uma Officer OPT+S $103.04 698 $71,922 16,445
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.