Explore Shore Bancshares's Fair Values from the Community and select yours

Potential Shore Bancshares, Inc. (NASDAQ:SHBI) shareholders may wish to note that insider Michael Adams recently bought US$150k worth of stock, paying US$15.00 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 22%.

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Shore Bancshares Insider Transactions Over The Last Year

Notably, that recent purchase by Michael Adams is the biggest insider purchase of Shore Bancshares shares that we've seen in the last year. That implies that an insider found the current price of US$15.45 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Shore Bancshares share holders is that insiders were buying at near the current price.

Shore Bancshares insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for Shore Bancshares

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Does Shore Bancshares Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Shore Bancshares insiders own 9.0% of the company, worth about US$46m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Shore Bancshares Insider Transactions Indicate?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of Shore Bancshares we think they are probably pretty confident of a bright future. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Shore Bancshares.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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