TowneBank Stock Discussion

Recent insider sales at TowneBank outweigh buying, raising caution despite high insider ownership. Long-term analysis of transactions also lacks confidence.

Bank's CEO, William I. Foster III, views Dr. Shetty's board appointment as a positive move, citing his cybersecurity and data privacy expertise as key to risk management and modeling strategies.

More insider selling than buying at TowneBank in the last three months and over the past year could worry shareholders. Despite significant insider ownership, recent transactions don't inspire confidence in the company's prospects.

Despite higher EPS growth and a low P/E ratio, the market has cooled on TowneBank's stock. A recent sell-off may offer opportunity, but investors must heed some warning signs.