M&T Bank Insiders Offload US$20m in Stock, Raises Concerns of Potential Weakness

M&T Bank insiders have sold $20 million in stock over the past year, raising eyebrows among investors. Independent Director John Barnes made the largest insider sale, worth $5 million, but at a price well above the current stock price. No insiders have bought shares in the last year, with multiple insiders selling $10 million in shares over the past three months. While insider transactions are not the most important factor in long-term investing, they can be a useful indicator of potential weakness.