Customers Bancorp (CUBI) Insider Mike Gill Buys $49K of Stock
Mike Gill purchased 625 shares of Customers Bancorp at $78.21 each on June 15, 2026.
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Mike Gill bought 625 shares of Customers Bancorp, Inc. ($CUBI) at an average price of $78.21, worth about $48,881.25, 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
- Mike Gill bought 625 shares of Customers Bancorp, Inc. (CUBI) for about $48,881.25 on June 15, 2026.
- The stock closed at $76.46 on June 14, 2026, slightly below its 50-day moving average of $79.27.
- Insiders have been active, with five other executives also purchasing shares on the same day.
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Insider Buying and Selling at Customers Bancorp, Inc.
On June 15, 2026, Mike Gill bought 625 shares of Customers Bancorp, Inc. (CUBI) for about $48,881.25. The purchase was made at a price of $78.21 per share. This trade comes amid a flurry of insider activity at the company, indicating confidence among executives.
More Insider Activity
Gill's purchase is part of a broader trend, as several other insiders also bought shares on the same day. Lawrence Way acquired 849 shares, Banks Bernard Bennett purchased 881 shares, Sirmans Dalton Talley bought 737 shares, Steven Zuckerman acquired 958 shares, and Robert Buford purchased 849 shares, all at the same price of $78.21. This collective buying suggests that insiders are optimistic about the company's future.
How Customers Bancorp, Inc. Stock Has Traded
Customers Bancorp's shares closed at $76.46 on June 14, 2026, just below its 50-day moving average of $79.27. The stock has fluctuated between a 52-week low of $59.34 and a high of $84.38. The recent insider purchases come as the stock trades near the lower end of this range, which may present a buying opportunity based on insider sentiment.
Analysts Set New Price Targets
Analysts have a generally positive view of Customers Bancorp. On October 5, 2026, TD Cowen maintained a "Buy" rating with a price target of $91. JP Morgan also reiterated an "Overweight" rating with a target of $92 on October 1, 2026. However, Morgan Stanley downgraded the stock to "Underweight" with a target of $89 on September 8, 2026. The consensus rating remains strong, with an average target price of $94.09 from 11 analyst opinions.
What Customers Bancorp, Inc. Does
Customers Bancorp, Inc. operates as a bank holding company that provides a range of banking products and services. The company serves both commercial and consumer clients and offers services like checking accounts, commercial lending, and digital banking. This insider activity reflects a strong belief in the company's trajectory as it continues to grow in the financial services sector.
What to Watch at Customers Bancorp, Inc.
Investors should look for further updates from Customers Bancorp, including the next earnings report scheduled for October 22, 2026. The recent insider buying indicates a positive outlook from executives, but as always, it's important to consider the context of these trades. Remember that filings like this reflect past positions and may not indicate current holdings.
Source: Mike Gill'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
