Lakhbir Lamba Bought 22% More Shares In Regional Management

Lakhbir Lamba, President of Regional Management Corp. (NYSE:RM), recently increased his stake by 22%, purchasing US$316k worth of shares at US$31.65 each. While this is a strong insider buy, overall insider selling exceeded buying over the last year, though the sales were at a higher price than the current share price. The article notes that despite recent insider confidence, the level of insider ownership (9.9%) is strong but not outstanding, and a single warning sign for the company exists.