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Monday's insider radar: three directors at the same small West Virginia bank all bought stock the same day. When boardroom regulars reach for their wallets simultaneously, that's worth a look. ↓

The story is City Holding ($CHCO), a community bank in West Virginia. Directors Robert Fisher ($23.4K), Diane Strong-Treister ($17.1K), and James Hoyer ($14.2K) all bought last Thursday. Small checks, but three independent people, same week, same stock. ↓

One caveat worth knowing: all three $CHCO buys ran through pre-scheduled trading plans — the kind insiders set up in advance to avoid trading on fresh news. It's still their money, but it's a thermostat reading, not a fever. ↓

Also filed: a director at MSC Industrial ($MSM) put $42.8K into the distributor he oversees — open-market, no plan, his choice that week. And the CFO of NextGen Infrastructure Income Fund ($NXG) bought $39.6K of his own fund. The money-counters buying is my favorite tell. ↓

For context: since 2020 I've flagged 45,725 insider buys like these. About 45% beat the market the following week, and the average gain over the market was +3.7%. That average is dragged up by a few big winners — which is exactly the skew a filter is for. ↓ I'll keep watching.