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Stock impact report

Several Insiders Invested In Red River Bancshares Flagging Positive News [Yahoo! Finance]

Red River Bancshares, Inc. (RRBI) 
Company Research Source: Yahoo! Finance
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The Independent Director Michael Crowell made the biggest insider purchase in the last 12 months. That single transaction was for US$92k worth of shares at a price of US$46.31 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$51.92. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. Happily, we note that in the last year insiders paid US$412k for 8.49k shares. On the other hand they divested 576.00 shares, for US$29k. In total, Red River Bancshares insiders bought more than they sold over the last year. You can see the insider tran Show less Read more
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