United Community Financial Corp. (NASDAQ:UCFC) operates as the holding company for The Home Savings and Loan Company of Youngstown, Ohio that provides consumer and business banking services in Ohio and Western Pennsylvania.
Insider buying during the last 30 days
Here is a table of United Community Financial's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Richard Schiraldi||Director||May 9||10,000||103,334
|Zahid Afzal||Director||May 2-7||39,802||42,355 shares||+1,559.0%|
|Marty Adams||Director||May 1||30,000||171,220 shares||+21.2%|
There have been 79,802 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of United Community Financial's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 106,172 shares purchased and there have been 51,769 shares sold by insiders since January 2013. The month of May 2014 has seen the most insider buying.
United Community Financial reported the first-quarter financial results on April 24, with the following highlights:
|Net income||$2.1 million|
|Tangible book value||$3.76 per share|
The three insiders purchased their shares after these results.
|Qtrly Rev Growth (yoy):||-0.02||0.02||0.02|
|PEG (5-yr. expected):||N/A||2.70||3.44|
United Community Financial has the lowest P/B ratio among these three companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only United Community Financial has seen intensive insider buying during the last 30 days.
There have been three different insiders buying United Community Financial, and there have not been any insiders selling United Community Financial during the last 30 days. All three of these insiders increased their holdings by more than 10% each. United Community Financial has an insider ownership of 14.93%.
The three insiders purchased their shares at prices ranging from $3.35 to $3.38. I believe United Community Financial could be a good pick below $3.38, based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in UCFC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.