Insider trades are too small to warrant action. Focus on the strong Q1 earnings and $50M buyback as positive fundamentals. Watch for any future cluster above $2M (0.1% of market cap) for meaningful insider conviction.
Price Chart
Executive Summary
A trivial insider cluster at Northwest Bancshares with a small $98K purchase by the Chief Consumer Banking Officer and a $19K sale by the Chief Auditor. Total cluster value is less than 0.01% of market cap, indicating no material signal. The cluster follows strong Q1 earnings (net income up 18% YoY) and a new $50M buyback authorization, but the trades are too small to reflect insider conviction.
Key Financial Metrics
Key Facts
- Bowers Urich T (Chief Consumer Banking/Strategy Officer) bought 7,000 shares at $13.975 for $97,825 on May 1, 2026.
- Barnum Carey A. (Chief Auditor) sold 1,351 shares at $13.97 for $18,873 on April 30, 2026.
- Total cluster value of $117K represents 0.006% of NWBI's $2.0B market cap.
- Q1 2026 earnings released on April 27 showed record net income of $51M, up 18% YoY, and a $50M share repurchase authorization.
- Net interest margin expanded to 3.70% with 28% commercial loan growth YoY.
Financial Impact
Insider activity is negligible relative to $2.0B market cap.
Risk Factors
- Potential for larger insider selling if stock rallies on buyback news.
- Earnings growth may moderate if net interest margin contracts.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NWBI-1777923554931 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | $15.42 | awaiting T+60 | — | $15.37 (−0.32%) |
Oct 5, 2026 21d ago | Press Release | $14.93 | awaiting T+60 | — | $15.37 (+2.95%) |
Jul 27, 2026 13w ago | 8-K | $15.90 $15.06 | ▼ −5.31% | ▼ −9.66% | $15.37 (−3.33%) |
May 26, 2026 21w ago | 8-K | $13.91 $15.31 | ▲ +10.06% | ▲ +8.19% | $15.37 (+10.50%) |
Apr 30, 2026 25w ago | Insider Cluster | $13.63 $15.41 | ▲ +13.03% | ▲ +9.92% | $15.37 (+12.74%) |
Apr 30, 2026 25w ago | Insider Cluster | $13.63 $15.41 | ▲ +13.03% | ▲ +9.92% | $15.37 (+12.74%) |
Apr 13, 2026 28w ago | DEFA14A | $13.19 $14.95 | ▲ +13.34% | ▲ +4.82% | $15.37 (+16.53%) |
Apr 9, 2026 28w ago | DEFA14A | $13.54 $15.11 | ▲ +11.64% | ▲ +0.85% | $15.37 (+13.56%) |
US Market Status
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