BY

Insider Bets Paying Off At BY As New 52-Week High Reached

In trading on Thursday, shares of Byline Bancorp Inc (Symbol: BY) touched a new 52-week high of $24.96/share. That's a 35.73% rise, or $6.57 per share from the 52-week low of $18.39 set back on 10/25/2023. That means at today's intraday high, any investor who purchased BY stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, BY has seen 3 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
02/07/2024 Mary JO S. Herseth Director 525 $20.43 $10,725.75
02/22/2024 Valle Perochena Antonio Del Director 15,444 $20.93 $323,238.15
02/22/2024 MBG INVESTORS I, L.P. 15,444 $20.93 $323,238.15
02/22/2024 Steven P. Kent Director 250 $20.93 $5,232.50
03/01/2024 MBG INVESTORS I, L.P. 10,000 $20.68 $206,775.96
03/01/2024 Valle Perochena Antonio Del 10,000 $20.68 $206,775.96
03/11/2024 William G. Kistner 60 $21.09 $1,265.22
06/06/2024 Steven P. Kent 250 $22.44 $5,610.00
06/14/2024 William G. Kistner 50 $22.47 $1,123.50

The chart below shows where BY has traded over the past year, with the 50-day and 200-day moving averages included.

Byline Bancorp Inc Moving Averages Chart

In afternoon trading on Thursday, BY shares are changing hands at $24.70/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Also see:

• Stock MACD
• Institutional Holders of PT
• BEP Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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