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MetroCity Bankshares (NASDAQ:MCBS) Stock, Insider Trading Activity
MetroCity Bankshares: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are MetroCity Bankshares Inc Insiders Doing?
At MetroCity Bankshares Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 83.44K shares worth $2.33M, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On July 30, 2024, Farid Tan, the company's PRESIDENT sold 999 shares for $32 each.
- On July 31, 2024, Don Leung, the company's DIRECTOR sold 1.26K shares for $31.47 each.
- On July 31, 2024, Farid Tan, the company's PRESIDENT sold 9K shares for $32 each.
Ownership Statistics for MetroCity Bankshares Inc
Shares Outstanding
25.332M
Insider Shares Owned
6.110M
Insider Percentage Owned
24.1%
Institutional Shares Held
4.855M
Institutional Percentage Held
19.2%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.