Jim Hobart Wainwright, Director at Columbia Financial, Inc./MD/ (CLBK), bought 10,000 shares at $10.00 ($100K) on 2026-07-20, disclosed to the SEC on 2026-07-22.
Director Jim Hobart Wainwright purchased 10,000 shares at $10.00, representing the largest insider purchase in the company's history. This substantial buyback signals insider confidence in Columbia Financial's valuation as the stock trades near its 52-week high.
Columbia Financial trades at $17.48, up 18.91% over the past year but still 7.37% below its 52-week high of $18.87.
The trade marks the largest insider purchase in the company's history. Additionally, shares skyrocketed on July 16, 2026, following softer-than-expected inflation data, and the stock remains a focus of momentum traders following a 34.24% year-to-date gain.
The stock faces elevated risk with a short interest of 16.66% of the float and recent commentary noting the valuation looks stretched after strong recent returns.
Something here stands out, but not much.