Customers Bancorp (CUBI) Insider Robert Buford Buys $66K of Stock
Insider Robert Buford bought 849 shares of Customers Bancorp, Inc. on June 15, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Robert Buford bought 849 shares of Customers Bancorp, Inc. ($CUBI) at an average price of $78.21, worth about $66,400.29, on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CUBI is down 0.4% after 1 week, up 0.7% after 1 month and down 2.2% to date (from the $76.47 close on Jun 15, 2026).
Key Points
- Robert Buford purchased 849 shares of Customers Bancorp at an average price of $78.21 each, totaling approximately $66,400.
- The stock recently traded at $76.46, below its 52-week high of $84.38, suggesting potential upside.
- Analysts maintain a positive outlook, with a consensus rating of 'buy' and an average price target of $94.09.
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Insider Buying and Selling at Customers Bancorp, Inc.
On June 15, 2026, Robert Buford bought 849 shares of Customers Bancorp, Inc. (CUBI) on the NYSE at an average price of $78.21 per share. This purchase is valued at about $66,400.
What Changed in Buford's Position
Buford's recent transaction adds to his holdings in Customers Bancorp, reflecting his continued confidence in the company. The total shares he owns after this purchase are now 849, with this transaction occurring at a price notably higher than the current trading spot of $76.46.
Insider Buying and Selling at Customers Bancorp, Inc.
Several other insiders also made purchases on June 15, 2026, indicating a collective confidence in the company's prospects. Lawrence Way bought 849 shares at the same price of $78.21, valued at $66,400. Banks Bernard Bennett acquired 881 shares for about $68,903, while Sirmans Dalton Talley purchased 737 shares, totaling around $57,640. Other insiders included Mike Gill, who bought 625 shares, and Steven Zuckerman, who acquired 958 shares. Each of these transactions occurred under the same pricing conditions, showing a strong interest from company insiders.
How Customers Bancorp, Inc. Stock Has Traded
Customers Bancorp's stock is currently trading at $76.46, which is below its 52-week high of $84.38. The stock has been fluctuating within a range, recently around its 50-day moving average of $79.27. This lower trading price might present a buying opportunity for investors, especially amid the recent insider purchases.
Analysts Set New Price Targets
Analysts have a generally positive outlook on Customers Bancorp. On October 5, 2026, TD Cowen maintained a 'buy' rating with a price target revised to $91. Previously, JP Morgan also kept an 'overweight' rating, setting a target of $92. The consensus among 11 analysts is a 'buy' recommendation, with an average price target of $94.09, suggesting that many believe the stock could appreciate in value.
What Customers Bancorp, Inc. Does
Customers Bancorp operates as the bank holding company for Customers Bank, providing a range of banking services to both commercial and consumer clients. With a focus on various banking products and services, the company has established a solid presence in the financial services sector. The recent insider buying activity may reflect confidence in the company's future performance.
What to Watch at Customers Bancorp, Inc.
Looking ahead, Customers Bancorp is scheduled to report its next earnings on October 22, 2026. As a reminder, insider transactions like these reflect past actions and may not represent current holdings. Investors should keep an eye on further insider activity and upcoming earnings reports to gauge the company's performance.
Source: Robert Buford's Form 4 filing on $CUBI (Jun 15, 2026). Find the original filing: CUBI Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
