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Summary

  • 3 insiders purchased United Community Financial stock within one month.
  • The stock was sold by no insiders in the month of intensive purchasing.
  • All 3 of these insiders increased their holdings by more than 10% each.

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.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of United Community Financial's insider activity during the last 30 days.

NameTitleTrade DateShares PurchasedCurrent OwnershipIncrease In Shares
Richard SchiraldiDirectorMay 910,000103,334
shares
+10.7%
Zahid AfzalDirectorMay 2-739,80242,355 shares+1,559.0%
Marty AdamsDirectorMay 130,000171,220 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.

MonthInsider buying / sharesInsider selling / shares
May 201479,8020
April 201400
March 20147,3700
February 201400
January 201400
December 201300
November 201302,517
October 201300
September 201300
August 2013037,500
July 201300
June 201300
May 201301,752
April 201300
March 201319,00010,000
February 201300
January 201300

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.

Financials

United Community Financial reported the first-quarter financial results on April 24, with the following highlights:

Revenue$15.7 million
Net income$2.1 million
Tangible book value$3.76 per share

The three insiders purchased their shares after these results.

Competition

United Community Financial's competitors include 1st Source Corporation (NASDAQ:SRCE) and Chemical Financial Corporation (NASDAQ:CHFC). Here is a table comparing these companies.

CompanyUCFCSRCECHFC
Market Cap:170.17M766.76M862.80M
Employees:4321,1001,743
Qtrly Rev Growth (yoy):-0.020.020.02
Revenue:65.94M234.52M247.06M
Operating Margin:0.190.390.33
Net Income:3.47M55.44M57.39M
EPS:0.072.281.98
P/E:47.5413.8414.61
PEG (5-yr. expected):N/A2.703.44
P/S:2.563.303.53
P/B:0.901.301.24

United Community Financial has the lowest P/B ratio among these three companies.

Here is a table of these competitors' insider activities this year.

CompanyInsider buying / sharesInsider selling / shares
SRCE01,762
CHFC00

Only United Community Financial has seen intensive insider buying during the last 30 days.

Conclusion

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.

Source: United Community Financial: 3 Different Insiders Have Purchased Shares This Month