The cluster is too small in dollar terms to signal strong conviction, but the mixed direction — especially an SVP selling shortly after earnings — warrants caution. Monitor upcoming 10-Q for credit quality trends and expense outlook, as declining net income remains a concern despite the EPS beat.
Price Chart
Executive Summary
Two insiders at Westamerica Bancorporation traded shares within the past week: a director purchased $3K of stock while an SVP sold $41K, resulting in a mixed but net-selling cluster. The activity follows an earnings release that showed a modest EPS beat but declining net income, potentially influencing the timing of these trades.
Key Financial Metrics
Key Facts
- Director Wondeh Inez purchased 61 shares for $3,281 in open-market buying on April 22, 2026.
- SVP Baker Robert James Jr sold 759 shares for $40,860 in open-market selling on April 20, 2026.
- Belton Curtis (SVP/Risk Officer) exercised 10,600 shares at $0 — a non-cash derivative event with no economic value.
- Total open-market transaction value: $44K, representing just 0.003% of the $1.3B market cap — well below the 0.1% threshold for materiality.
- Trades occurred within 7 days of Q1 2026 earnings release (April 16), which reported an EPS beat but 11.9% YoY decline in net income.
Financial Impact
$44K total open-market volume, with $41K in sales and $3K in purchases — 0.003% of market cap
Risk Factors
- SVP selling may signal caution on valuation or fundamentals despite the EPS beat.
- Minimal insider buying fails to counterbalance selling, especially given bearish analyst consensus.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WABC-1777074370418 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $61.92 | awaiting T+5 | — | $61.95 (+0.04%) |
Oct 22, 2026 4d ago | Press Release | $61.92 | awaiting T+5 | — | $61.95 (+0.04%) |
Oct 15, 2026 11d ago | 8-K | $60.90 $61.92 | ▲ +1.67% | ▲ +2.69% | $61.95 (+1.72%) |
Oct 15, 2026 11d ago | Press Release | $60.90 $61.92 | ▲ +1.67% | ▲ +2.69% | $61.95 (+1.72%) |
Jul 23, 2026 13w ago | 8-K | $60.31 $59.90 | ▼ −0.68% | ▼ −1.16% | $61.95 (+2.71%) |
Jul 23, 2026 13w ago | Press Release | $60.31 $59.90 | ▼ −0.68% | ▼ −1.16% | $61.95 (+2.71%) |
Jul 16, 2026 14w ago | 8-K | $62.46 $60.31 | ▼ −3.44% | ▼ −1.77% | $61.95 (−0.82%) |
Jul 16, 2026 14w ago | Press Release | $62.46 $60.31 | ▼ −3.44% | ▼ −1.77% | $61.95 (−0.82%) |
Apr 24, 2026 26w ago | 8-K | $54.41 $54.25 | ▼ −0.30% | ▼ −0.70% | $61.95 (+13.84%) |
Apr 24, 2026 26w ago | Press Release | $54.54 $54.82 | ▲ +0.51% | ▼ −0.40% | $61.95 (+13.57%) |
US Market Status
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