The CEO/CFO cluster buy is a modest positive signal, but the dollar amount is too small to drive material price action. Monitor for any upcoming earnings or material news that could explain the buying.
Price Chart
Executive Summary
CEO and CFO of Avidia Bancorp made open-market purchases totaling $60K over a 6-day window, with the CEO buying $40K at $18.80 and the CFO buying $20K at $18.90. This cluster of insider buying by the two most senior executives is a strong signal of confidence, but the dollar amount is only ~0.015% of market cap, making it a modest signal.
Key Financial Metrics
Key Facts
- CEO Robert Cozzone purchased 2,128 shares for ~$40K at $18.80 on 2026-05-29
- CFO Jonathan Nelson purchased 1,065 shares for ~$20K at $18.90 on 2026-06-03
- Total insider buying of $60K represents ~0.015% of AVBC's $387M market cap
- Both transactions were open-market purchases (code P), not grants or tax withholdings
Financial Impact
Insider purchases total $60K, a trivial 0.015% of market cap
Risk Factors
- Dollar amount is trivial relative to market cap — signal may be noise
- No material corporate event or catalyst identified alongside the purchases
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AVBC-1780514719074 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $22.66 | awaiting T+5 | — | $23.03 (+1.63%) |
Oct 9, 2026 17d ago | 3/A | $21.89 $21.96 | ▲ +0.32% | ▲ +2.29% | $23.03 (+5.21%) |
Sep 22, 2026 4w ago | Institutional Cluster | $21.78 $21.53 | ▼ −1.15% | ▲ +0.04% | $23.03 (+5.74%) |
Sep 3, 2026 7w ago | Insider Buy | $22.09 $22.18 | ▲ +0.41% | ▲ +1.62% | $23.03 (+4.26%) |
Aug 19, 2026 9w ago | Insider Cluster | $22.00 $22.02 | ▲ +0.09% | ▲ +0.48% | $23.03 (+4.68%) |
Aug 12, 2026 10w ago | Insider Cluster | $22.14 $22.00 | ▼ −0.63% | ▼ −0.19% | $23.03 (+4.02%) |
Jun 26, 2026 17w ago | 8-K | $21.15 $20.77 | ▼ −1.80% | ▼ −3.18% | $23.03 (+8.89%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.78 $20.07 | ▲ +6.87% | ▲ +10.69% | $23.03 (+22.63%) |
May 19, 2026 22w ago | Insider Cluster | $19.01 $19.08 | ▲ +0.37% | ▼ −1.88% | $23.03 (+21.15%) |
May 15, 2026 23w ago | Insider Cluster | $18.90 $19.06 | ▲ +0.85% | ▼ −0.77% | $23.03 (+21.85%) |
US Market Status
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