** FGBI director Robert Walker bought 3,600 shares of the bank in recent weeks, according to a regulatory filing late on Friday
** Buybacks and insider buying are the strongest signals companies can send to the market, according to analysts
** In October, FGBI reported a third-quarter loss, driven by an impairment charge and increased reserves for bad loans linked to an auto parts manufacturer's bankruptcy
** As of last close, FGBI stock down 57.8% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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