Diane E. Morais, Director at FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA), bought 50 shares at $2168.13 ($108K) on 2026-08-19, disclosed to the SEC on 2026-08-20.
Director Diane E. Morais purchased 46 shares for $99,734, marking the largest insider purchase in the company's history, signaling high conviction in the stock's value. This rare buying event comes on the heels of a strong Q2 earnings beat and a 14.54% price run-up over the last 90 days.
The stock is trading at $2,169.52, down 4.37% over the last 5 days but up 8.83% over the last 90 days. It remains 5.43% below its 52-week high of $2,293.98.
1) Q2 2026 earnings beat: The company reported non-GAAP profit of $57.09 per share, which was 42.2% above analysts' consensus estimates on July 23, 2026. 2) Upcoming Q3 2026 earnings: The next earnings report is scheduled for Q3 2026.
1) Short interest: The stock has a short interest of 5.05% of the float, indicating a notable level of bearish positioning. 2) Recent underperformance: The stock is down 4.37% over the last 5 days, potentially reflecting profit-taking after a strong run-up.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2167.80 | 4 | $9K | 8.0% |
| 2 | $2168.13 | 46 | $100K | 92.0% |
| Total | $2168.11 avg | 50 | $108K | 100% |
| Filing → |
| ALLY | SELL | 2021-12-03 | $385K | — | Filing → |
| ALLY | SELL | 2021-11-03 | $397K | — | Filing → |
| ALLY | SELL | 2021-10-05 | $424K | — | Filing → |