Carl Steven Carande, Director at UNITED COMMUNITY BANKS INC (UCB), bought 2,101 shares at $35.35 ($74K) on 2026-08-10, disclosed to the SEC on 2026-08-10.
Director Carl Steven Carande purchased 2,101 shares for $74,271, marking the largest insider purchase in the company's history. This significant buyback at $35.35 suggests insiders see value in the stock following a recent earnings miss.
The stock is trading at $35.40, down 1.23% over the last 5 days and 0.41% over the last 30 days, but remains up 8.04% over the last 90 days. The shares are currently 4.76% below the 52-week high of $37.17.
1) Q2 2026 earnings on July 21, 2026, where the company missed estimates despite higher revenue and loan growth. 2) The planned acquisition of Peach State Bancshares, which has an election deadline and expected closing date set. 3) The company is currently the subject of a Zacks article titled 'United Community Banks (UCB) Could Be a Great Choice' dated August 11, 2026.
The stock faces a risk from the recent earnings miss, which caused a 1.89% one-day drop on July 22, 2026. Additionally, a recent article from StockStory on August 10, 2026, highlighted that small-cap stocks have increased downside risk due to a lack of scale and staying power.
Something here stands out, but not much.