The insider sales are too small relative to market cap to carry a bearish signal — likely routine diversification. Monitor next quarterly filings for any change in insider selling patterns or business developments. The stock enjoys 62% bullish analyst consensus with a majority of buy ratings, suggesting no near-term concern.
Price Chart
Executive Summary
Four NBTB insiders sold a combined $1.39M in open-market transactions over an 8-day window, led by Director John Watt ($996K). The total represents just 0.06% of NBTB's $2.5B market cap, indicating routine portfolio diversification rather than a bearish signal. The sales involve both directors and senior executives and lack a concentrated or urgent pattern.
Key Financial Metrics
Key Facts
- Four insiders sold a total of $1,387,274 in open-market transactions
- Director John H. Watt Jr. accounted for $995,751 of the total (21,000 shares at ~$47.42)
- EVP/President of Wealth Mgmt Ruth Mahoney sold $233,000 (5,000 shares at $46.60)
- Director Heidi M. Hoeller sold $100,874 (2,100 shares at ~$48.04)
- EVP/General Counsel Martin Randolph Sparks sold $57,650 (1,200 shares at ~$48.04)
- Total sales equal ~0.06% of NBTB's $2.5B market cap
- No open-market purchases occurred in the cluster window
Financial Impact
Trivial insider selling at approximately 0.06% of market cap — no material financial impact
Risk Factors
- Further insider selling could accumulate and become material over time
- Selling by multiple top insiders might indicate private concerns not yet disclosed
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NBTB-1781288723954 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 30, 2026 12w ago | Insider Cluster | $52.93 $52.87 | ▼ −0.11% | ▼ −2.58% | $53.13 (+0.38%) |
Jul 27, 2026 13w ago | Press Release | $53.64 $51.45 | ▼ −4.08% | ▼ −8.43% | $53.13 (−0.95%) |
Jul 1, 2026 16w ago | Press Release | $50.25 $51.57 | ▲ +2.63% | ▼ −0.80% | $53.13 (+5.73%) |
Jun 12, 2026 19w ago | Insider Cluster | $48.18 $51.15 | ▲ +6.16% | ▲ +3.38% | $53.13 (+10.27%) |
Jun 10, 2026 19w ago | Insider Cluster | $47.47 $52.27 | ▲ +10.11% | ▲ +3.94% | $53.13 (+11.92%) |
Apr 23, 2026 26w ago | 8-K | $43.25 $52.08 | ▼ −20.42% | ▼ −15.34% | $53.13 (−22.84%) |
Apr 23, 2026 26w ago | Press Release | $43.25 $52.08 | ▼ −20.42% | ▼ −15.34% | $53.13 (−22.84%) |
Apr 6, 2026 29w ago | DEFA14A | $43.69 $50.25 | ▲ +15.01% | ▲ +1.55% | $53.13 (+21.61%) |
US Market Status
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