We recently published a list of 12 Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump’s Tariff Shockwave. In this article, we are going to take a look at where First Citizens BancShares, Inc. (NASDAQ:FCNCA) stands against other large-cap stocks insiders were buying in Q1 2025 before Trump’s tariff shockwave.
US stocks surged last week following President Trump’s statement that he had “no intention” of removing Federal Reserve Chair Jerome Powell, which helped alleviate concerns about the central bank’s independence. Additionally, Trump took a more conciliatory stance on tariffs, suggesting that high import duties on China might eventually be reduced, writes Yahoo Finance.
Amid tariff wars and market uncertainty, insider trading often draws attention. Insider stock purchases may signal executive confidence, while sales aren’t necessarily negative—they could reflect personal or diversification choices. It’s best to view insider trading in context with a company’s financials and market conditions.
Our Methodology
Today, we’re focusing on stocks that have seen heavy insider buying activity in the first quarter of the year. Using Insider Monkey’s insider trading screener, we identified companies with market caps above $10 billion, where at least two insiders purchased shares in the past three months. From this list, we ranked the top 12 stocks with the highest value of insider purchases
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
First Citizens BancShares, Inc. (NASDAQ:FCNCA)
Market cap: $23.3 billion
First Citizens BancShares, Inc. (NASDAQ:FCNCA), based in Raleigh, North Carolina, is the holding company for First-Citizens Bank & Trust. It offers retail and commercial banking services, wealth management, and financing solutions in the U.S. and internationally through various segments, including General Bank, Commercial Bank, and Silicon Valley Bank Commercial, available online and at branch locations.
In March, two insiders, including the president and CEO, and the CFO of First Citizens BancShares, purchased approximately $856,467 worth of the company’s shares at an average price of $1,521 per share. The company’s CEO, Frank Holding, acquired 550 shares, accounting for $824,488 worth of the total purchases in March, and increasing his ownership to 5,018 shares. Year-to-date the stock dropped 16.14%, currently trading at $1,772.04 per share. However, over the past 12 months, First Citizens BancShares shares returned 8.08% to its investors.
For the fourth quarter of 2024, First Citizens BancShares, Inc. (NASDAQ:FCNCA) reported a net income of $700 million, up from $639 million in the previous quarter. Net income available to common stockholders rose to $685 million, or $49.21 per share, compared to $624 million, or $43.42 per share, in the third quarter. As of December 31, 2024, loans and leases increased to $140.22 billion, driven by growth in the General Bank, Commercial Bank, and SVB Commercial segments.
In a recent development, First Citizens Bank has invested $1 million in The Neighborhood Developers through an Equity Equivalent Investment (EQ2) to support their anti-displacement efforts. The funds will be managed by Opportunity Communities (OppCo) as part of the new OppCo Housing Accelerator Fund, which provides community developers with affordable financing for affordable housing production and preservation.
First Citizens BancShares is also one of the 12 high growth non-tech stocks that are profitable in 2025.
Overall, FCNCA ranks 5th on our list of large-cap stocks insiders were buying in Q1 2025 before Trump’s tariff shockwave. While we acknowledge the potential of FCNCA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FCNCA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
