Potential Riverview Bancorp, Inc. (NASDAQ:RVSB) shareholders may wish to note that the Independent Chairman of the Board & Lead Independent Director, Gerald Nies, recently bought US$107k worth of stock, paying US$4.85 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 13%.

Riverview Bancorp Insider Transactions Over The Last Year

In fact, the recent purchase by Gerald Nies was the biggest purchase of Riverview Bancorp shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of US$4.69. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months Riverview Bancorp insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Riverview Bancorp

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that Riverview Bancorp insiders own 8.3% of the company, worth about US$8.1m. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Riverview Bancorp Tell Us?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Riverview Bancorp insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Riverview Bancorp. Every company has risks, and we've spotted 4 warning signs for Riverview Bancorp (of which 1 makes us a bit uncomfortable!) you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.