Insiders are Buying These 5 Undervalued Bank Stocks

3. Eagle Bancorp Inc (NASDAQ:EGBN)

Number of Hedge Fund Investors: 20

Commercial and consumer banking services company Eagle Bancorp Inc (NASDAQ:EGBN) is one of the undervalued bank stocks seeing insider buying activity recently. Paul Saltzman, the Executive Vice President and General Counsel of Eagle Bancorp Inc (NASDAQ:EGBN), piled into 1,000 shares at $18.58 per share. The transaction took place on April 30. Since then through May 3 market close the stock has gained about 8%.