Northpointe Bancshares (NYSE:NPB) Shares Gap Up Following Insider Buying Activity

Northpointe Bancshares, Inc. (NYSE:NPB)’s stock price gapped up before the market opened on Tuesday after an insider bought additional shares in the company. The stock had previously closed at $15.23, but opened at $16.03. Northpointe Bancshares shares last traded at $15.7140, with a volume of 29,756 shares trading hands.

Specifically, CEO Charles Williams acquired 50,000 shares of Northpointe Bancshares stock in a transaction dated Monday, October 26th. The stock was purchased at an average cost of $15.32 per share, for a total transaction of $766,000.00. Following the completion of the purchase, the chief executive officer directly owned 2,575,962 shares in the company, valued at $39,463,737.84. This trade represents a 1.98% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles Williams bought 50,000 shares of the firm’s stock in a transaction that occurred on Friday, October 23rd. The stock was purchased at an average price of $15.42 per share, with a total value of $771,000.00. Following the completion of the purchase, the chief executive officer owned 2,525,962 shares in the company, valued at approximately $38,950,334.04. This trade represents a 2.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In other news, Director Carrie L. Boer purchased 12,000 shares of the stock in a transaction dated Friday, October 23rd. The shares were purchased at an average cost of $15.40 per share, with a total value of $184,800.00. Following the completion of the purchase, the director directly owned 12,000 shares of the company’s stock, valued at approximately $184,800. The trade was a ? increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of Northpointe Bancshares from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Thursday, July 23rd. Piper Sandler cut their target price on Northpointe Bancshares from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Thursday, October 22nd. Weiss Ratings upgraded Northpointe Bancshares from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, September 9th. Finally, Zacks Research upgraded Northpointe Bancshares from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Northpointe Bancshares currently has a consensus rating of “Hold” and a consensus price target of $20.25.

Key Headlines Impacting Northpointe Bancshares

Here are the key news stories impacting Northpointe Bancshares this week:

• Positive Sentiment: $30 million share-repurchase authorization: Northpointe approved a common-stock buyback beginning in October 2026. The program represents roughly 5% of the company’s market value and could support earnings per share, shareholder returns and investor confidence by reducing the number of shares outstanding. Northpointe Bancshares $30 million buyback article
• Positive Sentiment: Heavy insider buying: CEO Charles Williams purchased 100,000 shares in two transactions totaling approximately $1.54 million. Director Carrie Boer bought 12,000 shares, and COO Joseph Long purchased 3,240 shares. The buying, conducted near $15.32–$15.42 per share, may signal that company insiders view NPB’s valuation and outlook favorably. SEC insider transaction filing
• Neutral Sentiment: Mortgage business restructuring: Northpointe announced completion of a definitive agreement with CMG to sell its mortgage origination channels. The transaction reshapes the company’s mortgage strategy and could streamline operations or reduce exposure to mortgage-market volatility, but the available reports do not provide financial terms or quantify the expected effect on revenue and earnings. Northpointe Bancshares completes CMG agreement
• Negative Sentiment: Recent earnings miss remains a risk: Northpointe’s latest quarterly EPS of $0.39 fell well short of the $0.60 analyst consensus. The company’s reported P/E ratio near 7.6 and buyback may cushion sentiment, but sustained upside likely depends on improved profitability and clarity regarding the CMG transaction’s earnings impact.

Northpointe Bancshares Price Performance

The company has a 50-day moving average of $16.16 and a 200-day moving average of $17.36. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.34 and a current ratio of 1.40. The stock has a market cap of $559.92 million, a price-to-earnings ratio of 7.60 and a beta of 0.16.

Northpointe Bancshares (NYSE:NPB) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.21). The company had revenue of $55.92 million for the quarter. Northpointe Bancshares had a return on equity of 13.88% and a net margin of 16.27%. As a group, equities research analysts predict that Northpointe Bancshares, Inc. will post 1.80 earnings per share for the current year.

Northpointe Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Thursday, October 15th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.12 annualized dividend and a yield of 0.7%. This is an increase from Northpointe Bancshares’s previous quarterly dividend of $0.0250. Northpointe Bancshares’s dividend payout ratio is presently 5.63%.

Hedge Funds Weigh In On Northpointe Bancshares

Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in Northpointe Bancshares by 126.9% in the 1st quarter. Bank of America Corp DE now owns 215,544 shares of the company’s stock valued at $3,720,000 after purchasing an additional 120,554 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Northpointe Bancshares during the 2nd quarter worth approximately $1,756,000. Mendon Capital Advisors Corp lifted its holdings in shares of Northpointe Bancshares by 86.4% in the 1st quarter. Mendon Capital Advisors Corp now owns 308,624 shares of the company’s stock valued at $5,327,000 after buying an additional 143,010 shares during the period. Segall Bryant & Hamill LLC acquired a new stake in shares of Northpointe Bancshares in the 1st quarter valued at approximately $1,515,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of Northpointe Bancshares in the 4th quarter valued at approximately $965,000.

Northpointe Bancshares Company Profile

Northpointe Bancshares, Inc is a bank holding company headquartered in Grand Rapids, Michigan. It operates through Northpointe Bank, a financial institution focused on providing banking products and lending services to individuals, families, and businesses.

Northpointe Bank offers residential mortgage loans, including home purchase and refinancing products, as well as consumer deposit accounts such as checking, savings, and certificates of deposit. The bank also provides commercial banking services and business loans, serving customers through a combination of digital banking capabilities and banking offices.

Founded in 1999, Northpointe Bank serves customers across the United States, with a particular emphasis on mortgage lending and relationship-based banking.