CFO of $FNWD Purchases Shares, Indicates Strong Insider Activity

CFO Benjamin Louis Schmitt's recent purchase of 500 shares of $FNWD signals confidence in the company. This insider trading activity, combined with significant institutional investments, may positively influence stock prices.

Date: 01-03-2025

AI Rating: 7

Insider Trading Activity
Benjamin Louis Schmitt, the CFO of $FNWD, recently acquired 500 shares, increasing his holdings by 12%. This sentiment is bolstered by a total of 15 trades in the last six months, with 13 purchases indicating strong insider confidence. When insiders are buying, it often suggests they believe the company's stock is undervalued or expect positive developments ahead.

Hedge Fund Activity
Additionally, $FNWD has seen considerable institutional interest, with 13 institutional investors increasing their stakes and only 7 decreasing. Notably, PL Capital Advisors significantly added 9.6 million shares, reflecting a 2718.1% increase in their position. Such substantial buying from hedge funds generally denotes a positive outlook on the company’s performance.

Stocks: $FNWD