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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
2023-05-11 23:59 2023-05-09 ONB OLD NATIONAL BANCORP /IN/ Moran John V Officer BUY $19.85 2,500 $49,625 2,500
2023-05-12 01:31 2023-05-11 JPM JPMORGAN CHASE & CO Piepszak Jennifer Officer SELL $135.97 1,871 $254,405 24,797
2023-05-11 19:13 2023-05-10 CFR CULLEN/FROST BANKERS, INC. Avery Chris Director BUY $95.75 5,000 $478,750 10,000
2023-05-11 22:07 2023-05-09 SFNC SIMMONS FIRST NATIONAL CORP Massanelli Stephen C Officer BUY $14.99 3,000 $44,970 78,329
2023-05-11 22:19 2023-05-10 VABK Virginia National Bankshares Corp CARTER KEVIN T Director BUY $29.80 210 $6,258 9,669
2023-05-12 01:32 2023-05-11 JPM JPMORGAN CHASE & CO Pinto Daniel E Officer SELL $135.93 113,640 $15,446,790 566,665
2023-05-11 17:46 2023-05-09 VABK Virginia National Bankshares Corp Keyser Jay B Director BUY $29.47 500 $14,735 6,168
2023-05-11 16:51 2023-05-09 BOKF BOK FINANCIAL CORP Grunst Martin E Officer BUY $77.00 1,000 $76,995 31,597
2023-05-12 02:21 2023-05-10 FHN FIRST HORIZON CORP Sugranes Rosa Director BUY $10.22 1,948 $19,905 47,089
2023-05-11 23:55 2023-05-09 HWBK HAWTHORN BANCSHARES, INC. GILES BRENT M Director, Officer BUY $18.42 581 $10,703 2,552
2023-05-11 19:50 2023-05-10 HWBK HAWTHORN BANCSHARES, INC. TURNER DAVID T Director, Officer BUY $18.27 2,712 $49,551 46,821
2023-05-11 17:07 2023-05-04 SHBI SHORE BANCSHARES INC Jones David S. Director BUY $10.99 10,000 $109,900 27,192
2023-05-11 17:47 2023-05-09 OCFC OCEANFIRST FINANCIAL CORP Maher Christopher Director, Officer BUY $13.34 1,000 $13,340 1,000
2023-05-10 19:50 2023-05-09 HWBK HAWTHORN BANCSHARES, INC. Hettinger Shawna M. Director BUY $18.56 1,000 $18,555 1,830
2023-05-10 18:48 2023-05-09 NKSH NATIONAL BANKSHARES INC Dye Michael E Director BUY $27.88 325 $9,061 3,832
2023-05-10 23:40 2023-05-09 VABK Virginia National Bankshares Corp Rust Glenn W Director, Officer BUY $29.15 170 $4,956 48,853
2023-05-10 23:00 2023-05-08 FISI FINANCIAL INSTITUTIONS INC GULLO SAMUEL M Director BUY $15.94 2,000 $31,880 33,004
2023-05-10 17:57 2023-05-08 ASRV AMERISERV FINANCIAL INC /PA/ STOPKO JEFFREY A Officer BUY $2.88 3,000 $8,640 121,488
2023-05-11 03:15 2023-05-09 LARK LANDMARK BANCORP INC LEWIS JIM Director BUY $19.62 790 $15,497 124,486
2023-05-11 02:55 2023-05-09 LARK LANDMARK BANCORP INC BALL RICHARD Director BUY $19.62 396 $7,768 173,472
2023-05-09 21:08 2023-05-09 WSBC WESBANCO INC Jackson Jeffrey H Officer BUY $22.34 5,000 $111,689 17,627
2023-05-09 21:18 2023-05-09 CMTV COMMUNITY BANCORP /VT Marvin Emma Director BUY $19.05 425 $8,096 2,894
2023-05-09 21:19 2023-05-09 BANF BANCFIRST CORP /OK/ Goyne Joe Director, Officer BUY $71.50 1,000 $71,500 5,600
2023-05-10 02:22 2023-05-05 MRBK Meridian Corp Holland Robert T. Director BUY $8.73 8,000 $69,840 71,952
2023-05-10 02:20 2023-05-05 MRBK Meridian Corp Helmig Christine Marie Director BUY $8.70 1,666 $14,486 3,266
2023-05-10 00:23 2023-05-05 MRBK Meridian Corp Imbesi Anthony Mark Director BUY $8.67 3,690 $31,989 376,324
2023-05-10 00:20 2023-05-08 MRBK Meridian Corp Hollin Edward J. Director BUY $8.61 1,000 $8,610 48,626
2023-05-09 23:00 2023-05-05 MRBK Meridian Corp Casciato Robert M. Director BUY $8.63 10,000 $86,300 213,396
2023-05-09 22:59 2023-05-05 MRBK Meridian Corp Lindsay Denise Director, Officer BUY $8.62 4,000 $34,463 75,230
2023-05-10 00:19 2023-05-08 USB US BANCORP DE Kelligrew James B Officer BUY $30.60 16,260 $497,475 151,927
2023-05-09 15:51 2023-05-08 VLY VALLEY NATIONAL BANCORP Baum Peter J Director BUY $17.45 2,500 $43,625 2,500
2023-05-09 20:37 2023-05-08 NWBI Northwest Bancshares, Inc. Paup Mark A Director BUY $10.40 5,000 $52,000 33,809
2023-05-09 19:27 2023-05-05 VABK Virginia National Bankshares Corp Frostick Randolph D Director BUY $30.50 140 $4,270 11,172
2023-05-09 21:51 2023-05-09 ENBP ENB Financial Corp Kitsch William J IV Officer BUY $13.00 500 $6,500 3,293
2023-05-09 18:11 2023-05-08 VLY VALLEY NATIONAL BANCORP LENNER MARC J Director BUY $15.09 2,000 $30,180 8,260
2023-05-09 18:43 2023-05-05 HWBK HAWTHORN BANCSHARES, INC. GILES BRENT M Director, Officer BUY $18.63 773 $14,402 1,971
2023-05-09 22:19 2023-05-09 NKSH NATIONAL BANKSHARES INC BALL LAWRENCE J Director BUY $27.96 1,000 $27,960 16,000
2023-05-09 17:28 2023-05-08 HWBK HAWTHORN BANCSHARES, INC. FREEMAN PHILIP D Director BUY $18.48 500 $9,242 95,388
2023-05-09 21:13 2023-05-08 FNLC First Bancorp, Inc /ME/ SMITH STUART G Director BUY $23.61 1,000 $23,610 105,356
2023-05-09 23:57 2023-05-08 LARK LANDMARK BANCORP INC LEWIS JIM Director BUY $19.45 94 $1,828 123,696
2023-05-10 00:12 2023-05-05 UBFO UNITED SECURITY BANCSHARES ELLITHORPE G THOMPSON Director BUY $5.80 1,000 $5,796 155,735
2023-05-10 01:18 2023-05-09 SFST SOUTHERN FIRST BANCSHARES INC Borrmann David Andrew Officer BUY $22.54 200 $4,509 8,900
2023-05-09 18:07 2023-05-08 SFST SOUTHERN FIRST BANCSHARES INC Hurst Calvin C Officer BUY $22.06 500 $11,030 7,000
2023-05-09 18:00 2023-05-08 SFST SOUTHERN FIRST BANCSHARES INC SEAVER R ARTHUR JR Director, Officer BUY $22.50 253 $5,693 75,144
2023-05-09 14:45 2023-05-08 SMBK SMARTFINANCIAL INC. Whaley Keith Edward Director BUY $21.34 1,500 $32,010 84,159
2023-05-09 23:30 2023-05-05 SHBI SHORE BANCSHARES INC MOORE DAVID W. Director BUY $11.51 875 $10,070 7,748
2023-05-09 23:03 2023-05-09 CBKM CONSUMERS BANCORP INC /OH/ Lober Ralph J II Director, Officer BUY $16.81 250 $4,204 58,337
2023-05-08 20:35 2023-05-04 SFNC SIMMONS FIRST NATIONAL CORP Massanelli Stephen C Officer BUY $15.23 3,000 $45,690 75,329
2023-05-08 21:13 2023-05-08 WSBC WESBANCO INC Fitzsimmons Robert J Director BUY $23.10 15,500 $358,121 46,908
2023-05-08 18:47 2023-05-08 WSBC WESBANCO INC Fitzsimmons Robert J Director BUY $22.79 9,500 $216,505 31,408
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.