Northwest Bancshares Inc (NWBI US, +1, 05-Feb-25)
Mark Paup (Director since 2016) purchased $63,300 worth of stock on February 4th at $12.66, increasing his holding by 8%. He has an excellent record as both a buyer and a seller.
Timothy Hunter (Director since 2015) purchased $131,300 on January 25th at $13.13, increasing his holding by 6%. His purchase is more standard-looking but is supportive of a positive ranking.
We previously ranked the stock in May 2024 based on purchases by Paup and Hunter when they bought $128,000 and $113,000 of stock at $10.68 and $11.30, respectively. Those purchases proved to be timely, and the signal worked well. It’s interesting to see them buying nine months later at a price approximately 20% higher, shortly after the company published its earnings results on January 24th.
We are ranking the stock +1 (strongly positive signal).
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