Arrow Financial’s Chief Risk Officer Buys Big: Insider Confidence Amid Quiet Volatility #AROW ?

Insider Buying at Arrow Financial Corp. Signals Confidence Amid Quiet Volatility

Arrow Financial Corp. (NASDAQ: AROW) has seen a modest uptick in insider activity this week, with its Chief Risk Officer, Wise Andrew J., adding 4,058 shares to his holdings on January 28, 2026. The purchase was made at $32.43 per share, slightly below the market’s close of $33.81, suggesting a strategic, long‑term view rather than a speculative play. This move follows a pattern of relatively conservative buying by Wise, who has accumulated 25,818 shares since December 2025, balancing large purchases with smaller sells to manage liquidity and vesting schedules.

What Investors Should Take Away The recent buy adds depth to a company already experiencing a 10.64 % monthly rally and a 28.59 % year‑to‑date gain. While the transaction itself is small compared with the $91 million market cap, insider buying can reinforce confidence in the company’s prospects. The sentiment score of –65 and buzz of 465 % indicate a mixed but highly engaged social‑media conversation, yet the price impact remains muted. For investors, this pattern suggests that senior management remains optimistic about Arrow’s multi‑bank platform, particularly as the company benefits from a healthy 52‑week high and a P/E ratio of 12.42—well below the sector average.

Wise Andrew J.’s Transaction Profile Wise’s trade history shows a disciplined approach: large purchases in December 2025 (3,483 shares at $27.04) followed by a sell of 2,976 shares at $31.64, and a modest 185‑share sale in May 2025 at $25.96. His most recent purchase of 4,058 shares at $32.43 aligns with a trend of buying when the stock is near the upper end of its 52‑week range. Wise’s role as SEVP, Chief Risk Officer, implies he is well‑versed in the company’s risk‑adjusted returns; his buying signals that he believes the risk profile remains attractive despite recent market volatility.

Implications for Arrow’s Future With the bank holding a diversified portfolio of commercial and consumer products in upstate New York, Arrow’s core earnings are likely to stay steady. The insider activity suggests confidence in the company’s strategic initiatives—such as potential regional expansion or technology upgrades—without overt pressure from short sellers (notably a 30.6 % decline in short interest). For long‑term investors, Wise’s buying reinforces a narrative of stability: a bank that is actively managing risk while pursuing modest growth, supported by a solid valuation and a solid track record of shareholder-friendly actions.