Pacwest Forum: Community User: Brösianer
Directors. 7 Directors bought for a total of $909,000, including a $293,000 purchase by executive chairman Matthew Wagner CEO. Paul Taylor bought 22,800 shares worth $506,300 COO. Mark Yung bought 3,148 shares worth $48,000 EVP. Christopher Blake and William Black bought 19,660 shares worth $372,200 These purchases are especially notable because most of PacWest’s directors have never bought company shares on the open market. And it goes a long way in reducing fears about the company’s exposure to venture deposits, which make up a third of all deposits. PacWest has also long worried investors with its thin capital cushions. Tier 1 capital stands at 8.7% — barely above the 6% figure required by Basel III rules. And Prior to the SIVB collapse, shares traded at only 0.84x book value. The bank’s sudden 55% plunge changes all that. Suddenly, shares are trading at 0.3x book value, suggesting a 100%-plus upside if PacWest managers can prevent a run on assets. It’s a bet that insiders have made in the $20-$25 range, and one that investors will likely want to follow.
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| 1 | RHEINMETALL Hauptdiskussion | -5,48 % | |
| 2 | Beyond Meat Hauptdiskussion | +5,67 % | |
| 3 | NVIDIA Hauptdiskussion | +3,65 % | |
| 4 | DAX Hauptdiskussion | ±0,00 % | |
| 5 | Canopy Hauptforum | -1,04 % | |
| 6 | Diginex | -4,42 % | |
| 7 | Novo Nordisk nach Split | +6,65 % | |
| 8 | ITM POWER Hauptdiskussion | +13,66 % | |
| 9 | BAYER Hauptdiskussion | -3,61 % | |
| 10 | Marvel Hauptdiskussion | -2,65 % | Alle Diskussionen |
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Thema | ||
|---|---|---|---|
| 1 | RHEINMETALL Hauptdiskussion | -5,48 % | |
| 2 | Beyond Meat Hauptdiskussion | +5,75 % | |
| 3 | NVIDIA Hauptdiskussion | +3,50 % | |
| 4 | Canopy Hauptforum | -1,04 % | |
| 5 | Novo Nordisk nach Split | +6,65 % | |
| 6 | Diginex | -4,42 % | |
| 7 | ITM POWER Hauptdiskussion | +13,66 % | |
| 8 | Marvel Hauptdiskussion | -2,65 % | |
| 9 | BAYER Hauptdiskussion | -3,55 % | |
| 10 | Haffner Energy SAS Hauptdiskussion | -15,29 % | Alle Diskussionen |