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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
2024-02-20 17:34 2024-02-20 N/A WILSON BANK HOLDING CO BELL JACK W Director SELL $71.50 1,049 $75,004 190,341
2024-02-21 02:25 2024-02-16 ZION ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ STEPHENS STEVEN DAN Officer SELL $40.81 7,500 $306,075 44,056
2024-02-17 01:14 2024-02-16 HWBK HAWTHORN BANCSHARES, INC. Eden Douglas Todd Director BUY $22.32 7,000 $156,240 80,000
2024-02-17 03:36 2024-02-16 JPM JPMORGAN CHASE & CO Piepszak Jennifer Officer SELL $178.96 1,648 $294,918 32,819
2024-02-17 03:36 2024-02-16 JPM JPMORGAN CHASE & CO Scher Peter Officer SELL $178.96 1,810 $323,915 44,956
2024-02-17 03:35 2024-02-16 JPM JPMORGAN CHASE & CO BACON ASHLEY Officer SELL $179.00 3,368 $602,857 202,093
2024-02-17 03:36 2024-02-16 JPM JPMORGAN CHASE & CO Lake Marianne Officer SELL $178.97 4,459 $798,039 71,347
2024-02-17 03:36 2024-02-16 JPM JPMORGAN CHASE & CO Petno Douglas B Officer SELL $178.99 3,266 $584,586 289,773
2024-02-17 03:36 2024-02-16 JPM JPMORGAN CHASE & CO Erdoes Mary E. Officer SELL $178.99 4,814 $861,665 570,003
2024-02-17 00:54 2024-02-15 USB US BANCORP DE CECERE ANDREW Director, Officer OPT+S $41.35 93,366 $3,860,871 1,081,432
2024-02-15 00:20 2024-02-12 CMA COMERICA INC Bridges Wendy Officer OPT+S $52.74 3,034 $160,012 17,460
2024-02-14 20:12 2024-02-14 CBU COMMUNITY FINANCIAL SYSTEM, INC. Karaivanov Dimitar Director, Officer BUY $43.70 1,000 $43,700 16,265
2024-02-15 02:54 2024-02-12 KEY KEYCORP /NEW/ Mago Angela G Officer OPT+S $14.24 3,405 $48,487 214,630
2024-02-15 02:47 2024-02-12 KEY KEYCORP /NEW/ Evans Trina M Officer OPT+S $14.23 12,335 $175,527 81,622
2024-02-15 00:00 2024-02-13 TBBK Bancorp, Inc. Leto John Officer SELL $42.94 15,000 $644,103 205,770
2024-02-15 03:25 2024-02-14 BANC BANC OF CALIFORNIA, INC. Barker James Andrew Director BUY $13.16 10,000 $131,590 159,680
2024-02-14 23:29 2024-02-14 CHCO CITY HOLDING CO Rowe Sharon H Director SELL $99.45 1,154 $114,768 11,194
2024-02-14 00:09 2024-02-13 FRME FIRST MERCHANTS CORP Fehring Patrick J. Director SELL $33.08 9,904 $327,624 122,057
2024-02-14 00:00 2024-02-09 TBBK Bancorp, Inc. DeRowe Olek Officer SELL $43.07 7,500 $323,049 83,808
2024-02-14 04:44 2024-02-12 PNC PNC FINANCIAL SERVICES GROUP, INC. HANNON MICHAEL J Officer SELL $148.82 3,000 $446,465 36,570
2024-02-14 01:01 2024-02-12 LCNB LCNB CORP Lawson Takeitha W Director BUY $14.30 176 $2,517 1,394
2024-02-13 14:50 2024-02-12 LCNB LCNB CORP Bedinghaus Robert A. Director BUY $14.36 1,000 $14,360 47,533
2024-02-13 14:50 2024-02-09 LCNB LCNB CORP Mulligan Lawrence P Jr. Officer BUY $14.35 2,500 $35,868 21,439
2024-02-13 03:56 2024-02-08 SHBI SHORE BANCSHARES INC Jones David S. Director BUY $11.00 10,000 $110,002 37,192
2024-02-09 23:09 2024-02-07 VABK Virginia National Bankshares Corp Rust Glenn W Director, Officer BUY $29.02 685 $19,878 49,538
2024-02-09 23:01 2024-02-07 VABK Virginia National Bankshares Corp Wells Gregory L Director BUY $29.66 910 $26,991 14,125
2024-02-09 23:19 2024-02-08 VABK Virginia National Bankshares Corp Keyser Jay B Director BUY $29.25 500 $14,625 3,033
2024-02-09 16:48 2024-02-08 LCNB LCNB CORP Lawson Takeitha W Director BUY $14.30 176 $2,517 1,218
2024-02-09 16:41 2024-02-08 LCNB LCNB CORP Mulligan Lawrence P Jr. Officer BUY $14.30 2,500 $35,760 18,939
2024-02-10 00:10 2024-02-09 UMBF UMB FINANCIAL CORP Gallagher Kevin Charles Director SELL $80.21 625 $50,131 12,859
2024-02-08 22:01 2024-02-06 BFC Bank First Corp Maples Phillip R Director BUY $81.72 650 $53,118 1,983
2024-02-08 22:00 2024-02-07 UBFO UNITED SECURITY BANCSHARES WOODS DENNIS R Director, Officer BUY $7.23 2,000 $14,454 878,483
2024-02-08 16:40 2024-02-07 LCNB LCNB CORP Meilstrup Eric J Director, Officer BUY $13.68 800 $10,942 32,551
2024-02-08 16:40 2024-02-06 LCNB LCNB CORP Mulligan Lawrence P Jr. Officer BUY $13.95 4,000 $55,808 16,439
2024-02-08 16:40 2024-02-07 LCNB LCNB CORP Miller Michael Robert Officer BUY $13.75 1,000 $13,749 16,810
2024-02-07 19:19 2024-02-06 AROW Arrow Financial Corporation Wise Andrew J Officer BUY $23.57 1,000 $23,570 9,829
2024-02-07 23:42 2024-02-07 AROW Arrow Financial Corporation DAKE GARY C Director BUY $23.73 2,000 $47,460 56,722
2024-02-08 01:13 2024-02-06 UBFO UNITED SECURITY BANCSHARES ELLITHORPE G THOMPSON Director BUY $0.00 0 $0 77,221
2024-02-08 01:35 2024-02-06 UBFO UNITED SECURITY BANCSHARES ELLITHORPE G THOMPSON Director BUY $7.19 2,000 $14,380 79,221
2024-02-07 20:14 2024-02-07 ATLO AMES NATIONAL CORP LARSON JAMES R II Director BUY $18.20 250 $4,550 12,000
2024-02-08 01:16 2024-02-06 ZION ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ SIMMONS HARRIS H Director, Officer BUY $38.99 3,600 $140,350 1,261,866
2024-02-08 01:16 2024-02-06 ZION ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ ANDERSON A SCOTT Officer SELL $39.24 832 $32,649 0
2024-02-08 01:05 2024-02-07 SMBK SMARTFINANCIAL INC. Welborn Wesley Miller Director, Officer BUY $21.67 1,000 $21,670 89,481
2024-02-07 21:01 2024-02-05 SHBI SHORE BANCSHARES INC LAMON JOHN Director BUY $11.00 579 $6,366 57,123
2024-02-08 01:14 2024-02-07 UMBF UMB FINANCIAL CORP Pauls John Officer SELL $79.51 1,440 $114,494 8,496
2024-02-06 23:51 2024-02-05 NBTB NBT BANCORP INC Kingsley Scott Allen Officer BUY $34.00 1,000 $34,000 26,513
2024-02-07 00:00 2024-02-05 TBBK Bancorp, Inc. Cohn Matthew Director BUY $42.12 1,643 $69,207 2,409
2024-02-06 23:39 2024-02-06 ATLO AMES NATIONAL CORP LARSON JAMES R II Director BUY $18.60 250 $4,650 11,750
2024-02-06 03:53 2024-02-02 FUNC FIRST UNITED CORP/MD/ Boal Brian R. Director BUY $22.53 68 $1,540 17,107
2024-02-06 03:50 2024-02-02 FUNC FIRST UNITED CORP/MD/ Rush Jason Barry Officer BUY $22.53 93 $2,087 21,446
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.