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Insider Buy Cluster Buy CFO Buy February 1, 2021

Sundquist James A purchased ~$73K in Bank of Commerce Holdings stock

Bank of Commerce Holdings (BOCH)  ·  EVP Chief Financial Officer  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+30.8%

vs SPY +11.5%

BOCH price after insider trade by Sundquist James A

Insider

Sundquist James A

Role

EVP Chief Financial Officer

Transaction

Open-Market Purchase

Approx. Value

~$73K

Trade Date

Feb 1, 2021

Company

Bank of Commerce Holdings

Ticker

BOCH

Source

SEC EDGAR Form 4

Very Strong conviction signal

Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.

~$73K purchase

A personal investment by a corporate insider. Even smaller trades can be meaningful when combined with other factors like timing and role.

EVP Chief Financial Officer

CFOs have direct access to financials before they become public. Their trades are among the most closely watched by institutional investors.

2 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

+30.8% in 90 days (S&P 500: +11.5%)

This trade beat the S&P 500 by 19.3 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

SJ

How good is Sundquist James A at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record
2

Sundquist James A wasn't the only one buying.

2 insiders at Bank of Commerce Holdings traded within the same 30-day window.

See who else bought · Free

On February 1, 2021, Sundquist James A — EVP Chief Financial Officer of Bank of Commerce Holdings — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$73K in Bank of Commerce Holdings (BOCH) stock.

This transaction was part of a cluster — 2 insiders at Bank of Commerce Holdings made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, BOCH returned +30.8% versus +11.5% for the S&P 500 over the same period.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Very Strong
Trade size ~$73K
Insider role EVP Chief Financial Officer
Cluster 2 insiders
90-day return +30.8%
vs S&P 500 +19.3%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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