Jon Louis Girod, Director at RIVERVIEW BANCORP INC (RVSB), bought 2,000 shares at $5.24 ($10K) on 2026-07-31, disclosed to the SEC on 2026-08-03.
Director Jon Louis Girod purchased 2,000 shares at $5.24, marking the largest insider purchase in the company's history, signaling strong conviction in the stock's recovery. This move comes just days after Riverview Bancorp reported Q1 earnings that beat analyst estimates by 14.29%.
The stock is trading at $5.405, up 1.69% over the last 5 days and 12.14% over the past year, but remains 13.1% below its 52-week high of $6.22.
Coming off a 14.29% earnings beat on July 28, the next earnings print is a key catalyst; additionally, the stock is currently undervalued relative to its 52-week range, sitting 14.03% above the low of $4.74.
The stock's volatility is elevated relative to the sector, with a beta of 0.474, and it faces competitive pressure from regional peers like Northwest Bancshares (NWBI), which recently reported its own earnings beat.
Nothing distinguishes this filing.