MetroCity Bankshares, Inc. (MCBS) is a publicly traded company in the Unknown sector. Across all available filings, 14 corporate insiders have executed 127 transactions totaling $29.2M, demonstrating a bearish sentiment with -$28.6M in net insider flow. The most recent transaction on Aug 22, 2024 involved a sale of 46,200 shares valued at $1.3M.
No significant insider buying has been recorded for MCBS in the recent period.
No significant insider selling has been recorded for MCBS in the recent period.
Based on recent SEC filings, insider sentiment for MCBS is bearish with an Insider Alignment Score of 1/100 and a net flow of -$28.6M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at MetroCity Bankshares, Inc. (MCBS) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 14 insiders are actively trading MCBS stock, having executed 127 transactions in the past 90 days. The most active insider is Don Leung (Executive), who has made 37 transactions totaling $10.8M.
Get notified when executives and directors at MCBS file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Aug 22, 2024 | Sang-koo Shim Sam | Executive | Sale | 46,200 | $27.90 | $1.3M | Large |
| Aug 20, 2024 | Sang-koo Shim Sam | Executive | Sale | 10,110 | $28.00 | $283.1K | |
| Aug 19, 2024 | Sang-koo Shim Sam | Executive | Sale | 27,132 | $28.00 | $759.7K | Large |
| Aug 1, 2024 | Sang-koo Shim Sam | Executive | Sale | 3,613 | $30.29 | $109.4K | |
| Aug 1, 2024 | Sang-koo Shim Sam | Executive | Sale | 7,630 | $30.17 | $230.2K | |
| Jul 30, 2024 | Tan Farid | Executive | Sale | 9,001 | $32.00 | $288.0K | |
| Jul 29, 2024 | Tan Farid | Executive | Sale | 502 | $32.00 | $16.1K | |
| Jul 29, 2024 | Leung Don | Executive | Sale | 1,256 | $31.47 | $39.5K | 10b5-1 |
| Jul 26, 2024 | Leung Don | Executive | Sale | 11,193 | $31.11 | $348.2K | 10b5-1 |
| Jul 26, 2024 | Tan Farid | Executive | Sale | 497 | $32.00 | $15.9K | |
| Jul 25, 2024 | Y. Paek Nack | Executive | Sale | 31,713 | $30.88 | $979.3K | Large |
| Jul 25, 2024 | Leung Don | Executive | Sale | 9,554 | $31.07 | $296.8K | 10b5-1 |
| Jul 24, 2024 | Y. Paek Nack | Executive | Sale | 18,287 | $30.71 | $561.6K | Large |
| Jul 24, 2024 | Leung Don | Executive | Sale | 10,511 | $31.13 | $327.2K | 10b5-1 |
| Jul 23, 2024 | Leung Don | Executive | Sale | 66,203 | $31.11 | $2.1M | Large10b5-1 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 64 | $28.9M | 71.2% |
Award(A) | 51 | $11.4M | 28.0% |
Purchase(P) | 8 | $299.2K | 0.7% |
Gift(G) | 3 | $0 | 0.0% |
Other(J) | 1 | $0 | 0.0% |
Insider selling pressure at MetroCity Bankshares, Inc. has increased, with 14 insiders executing 127 transactions across all time. Total sales of $28.9M significantly outpace purchases of $299.2K, resulting in a net outflow of $28.6M. This selling activity appears largely discretionary, which may warrant closer attention from investors.