Monitor for upcoming earnings or material corporate developments that may have prompted this cluster. The modest dollar amount relative to market cap suggests this is a confidence signal rather than a large bet — treat as a positive data point, not a standalone catalyst.
Price Chart
Executive Summary
Two Avidia Bancorp insiders, including the President & CEO and EVP/Chief Admin Officer, made open-market purchases totaling $60K over a 7-day window. The CEO's purchase at $19.77 is the largest, and the cluster follows a strong track record of prior bullish insider activity at this company. The total dollar value is modest relative to the $387M market cap (0.015%), but the cluster of C-suite buys is a positive signal per academic literature.
Key Financial Metrics
Key Facts
- President & CEO Robert Cozzone purchased 2,023 shares at $19.77 for ~$40K on 2026-05-13
- EVP & CAO Barry Jensen purchased 1,000 shares at $20.19 for ~$20K on 2026-05-08
- Total cluster value: ~$60K, representing 0.015% of market cap
- Net direction is buying; no insider sales in the cluster window
- Prior 30-day insider activity: 8 buys totaling $316K, reinforcing a consistent accumulation pattern
Financial Impact
Insider purchases of $60K, modest in absolute terms but significant as a C-suite cluster; prior 30-day total of $316K in buys adds context
Risk Factors
- Total cluster value is only 0.015% of market cap — the signal is qualitative, not quantitative
- Insider purchases can be driven by personal portfolio allocation, not necessarily near-term catalysts
- No other insiders (e.g., CFO, directors) participated, limiting the breadth of the signal
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-1778867865404 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | 8-K | $22.66 | awaiting T+5 | — | $22.97 (+1.37%) |
Oct 9, 2026 17d ago | 3/A | $21.89 $21.96 | ▲ +0.32% | ▲ +2.29% | $22.97 (+4.93%) |
Sep 22, 2026 4w ago | Institutional Cluster | $21.78 $21.53 | ▼ −1.15% | ▲ +0.04% | $22.97 (+5.46%) |
Sep 3, 2026 7w ago | Insider Buy | $22.09 $22.18 | ▲ +0.41% | ▲ +1.62% | $22.97 (+3.98%) |
Aug 19, 2026 9w ago | Insider Cluster | $22.00 $22.02 | ▲ +0.09% | ▲ +0.48% | $22.97 (+4.41%) |
Aug 12, 2026 10w ago | Insider Cluster | $22.14 $22.00 | ▼ −0.63% | ▼ −0.19% | $22.97 (+3.75%) |
Jun 26, 2026 17w ago | 8-K | $21.15 $20.77 | ▼ −1.80% | ▼ −3.18% | $22.97 (+8.61%) |
Jun 3, 2026 20w ago | Insider Cluster | $18.78 $20.07 | ▲ +6.87% | ▲ +10.69% | $22.97 (+22.31%) |
May 19, 2026 22w ago | Insider Cluster | $19.01 $19.08 | ▲ +0.37% | ▼ −1.88% | $22.97 (+20.83%) |
May 15, 2026 23w ago | Insider Cluster | $18.90 $19.06 | ▲ +0.85% | ▼ −0.77% | $22.97 (+21.53%) |
US Market Status
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