The concentrated selling by Director Cummings after flat Q2 earnings and deposit outflows is a modest negative signal, but the dollar amount is small relative to market cap. Monitor for additional insider sales or any negative guidance revisions in the next 10-Q. The single director purchase by Day is too small to offset the selling pattern.
Price Chart
Executive Summary
A mixed insider cluster at BFST shows Director Cummings selling $1.27M worth of shares over four days, while Director Day made a small $47K purchase. The selling is concentrated and material at 0.13% of market cap, occurring just 8 days after Q2 earnings that showed flat EPS and deposit outflows. The cluster is dominated by sales from a single director, which per academic literature is less informative than a buy cluster, but the timing and size warrant attention.
Key Financial Metrics
Key Facts
- Director Cummings sold 40,000 shares for ~$1.27M over four days (July 28-31)
- Director Johnson sold 2,000 shares for ~$62K
- Director Day purchased 1,500 shares for ~$47K
- Total insider selling of ~$1.33M vs. buying of $47K
- Cluster occurred 8 days after Q2 2026 earnings (EPS $0.70 flat YoY, deposits down 3.07% QoQ)
- Selling represents ~0.13% of BFST's $1.0B market cap
Financial Impact
Net insider selling of ~$1.28M (0.13% of market cap) concentrated in one director
Risk Factors
- Further insider selling if Cummings continues to reduce position
- Deposit outflows and loan portfolio shrinkage from Q2 may pressure future earnings
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BFST-1785535694807 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Press Release | $31.82 $31.87 | ▼ −0.16% | ▲ +0.40% | $31.87 (−0.16%) |
Oct 26, 2026 1d ago | 8-K | $31.82 $31.87 | ▼ −0.16% | ▲ +0.40% | $31.87 (−0.16%) |
Oct 1, 2026 26d ago | Press Release | $30.90 $30.87 | ▼ −0.10% | ▼ −0.77% | $31.87 (+3.14%) |
Aug 12, 2026 10w ago | Institutional Cluster | $32.28 $32.12 | ▼ −0.50% | ▼ −0.30% | $31.87 (−1.27%) |
Aug 7, 2026 11w ago | Insider Cluster | $31.54 $31.98 | ▲ +1.40% | ▲ +1.71% | $31.87 (+1.05%) |
Aug 7, 2026 11w ago | Insider Cluster | $31.54 $31.98 | ▲ +1.40% | ▲ +1.71% | $31.87 (+1.05%) |
Aug 6, 2026 11w ago | Insider Cluster | $31.66 $31.54 | ▼ −0.38% | ▼ −0.35% | $31.87 (+0.66%) |
Aug 5, 2026 11w ago | Insider Cluster | $31.71 $31.66 | ▼ −0.16% | ▼ −0.77% | $31.87 (+0.50%) |
Jul 31, 2026 12w ago | Insider Cluster | $31.92 $32.07 | ▲ +0.47% | ▼ −1.33% | $31.87 (−0.16%) |
Jul 30, 2026 12w ago | Insider Cluster | $31.82 $31.92 | ▲ +0.31% | ▼ −1.11% | $31.87 (+0.16%) |
US Market Status
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