Gregory G. Montana, Director at Pinnacle Financial Partners, Inc. (PNFP), bought 500 shares at $98.61 ($49K) on 2026-09-10, disclosed to the SEC on 2026-09-11.
Director Gregory G. Montana purchased 500 shares for $49,305, marking the largest insider purchase in the company's history. This significant buy signals strong conviction from a board member, potentially bolstering investor sentiment during a period of recent stock weakness.
PNFP is trading down 1.94% over the last 5 days and 7.25% over the last 30 days, currently sitting 10.12% below its 52-week high of $110.33.
1) Q2 earnings beat: The company reported non-GAAP profit of $2.50 per share, which was 1.7% above consensus estimates on August 4. 2) CEO confidence: CEO Blair purchased $250,000 worth of stock on September 9, signaling confidence in the regional banking platform. 3) Merger outlook: Morgan Stanley stated on September 8 that PNFP is positioned to outgrow peers following its merger with Synovus.
1) Sector underperformance: Financial stocks declined 0.9% on Tuesday, as reported by MT Newswires on September 8. 2) Valuation concerns: Simply Wall St. noted that the 45.8% three-year return suggests investors may already be paying up for growth.
Something here stands out, but not much.
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| FIS | SELL | 2020-11-12 | $5.1M | — | Filing → |
| FIS | SELL | 2019-11-13 | $7.8M | — | Filing → |
| FIS | SELL | 2018-11-14 | $8.9M | — | Filing → |