A person who owns a part of a company called James Ayers bought more pieces of that company. This is good because it shows he believes the company will do well and be worth more money in the future. His name is James Ayers, and he bought 2,000 pieces of the company FB Financial for about $70,580. Read from source...

1. The title is misleading and does not reflect the actual content of the article. It implies that insiders are buying FB Financial and two other stocks, but in reality, only one stock (FB Financial) is discussed in detail, while Chemung Financial and another unnamed stock are briefly mentioned without any analysis or explanation.
2. The author's reasoning for why insider purchases indicate confidence or bargain opportunities is vague and unsubstantiated. There is no evidence provided to support the claim that insiders have a better knowledge of the company's prospects or that they are making rational decisions based on valuation metrics. In fact, insider trading can be influenced by many factors, such as personal financial goals, tax planning, diversification strategies, etc., which may not necessarily align with the best interests of shareholders.
3. The article does not disclose any conflicts of interest or potential biases that the author or Benzinga may have regarding the stocks mentioned in the article. For example, Benzinga is an online media platform that generates revenue from advertising and sponsored content, which could create a conflict of interest when reporting on stocks that are advertised or sponsored by them. Additionally, the author may have personal investments or relationships with companies related to the stocks discussed in the article, which could affect their objectivity and credibility.

First, I will analyze the article and extract the relevant information for each stock mentioned in the title. Then, I will provide a brief summary of my findings and a recommendation on whether to buy, hold, or sell each stock based on the insider purchases. Finally, I will assess the risks associated with each investment decision and suggest how much weight to give to insider buying as a factor in your portfolio strategy.

Analysis:
Chemung Financial (NASDAQ:CHMG)
- Insider purchase by President and CEO, Michael Gardner, who bought 2,000 shares at $34.51 per share on Jan. 18, 2024. This represents a 2.6% ownership increase for Gardner and a 29.7% increase in net worth.
- Chemung Financial is a bank holding company that operates under two subsidiaries: Chemung Canal Trust Company and Caton Corporation. It offers various financial services, including retail and commercial banking, trust services, wealth management, and insurance products.
- The stock has a P/E ratio of 12.64, a dividend yield of 3.08%, and a price-to-book ratio of 1.27. It is trading above its 50-day and 200-day moving averages, indicating a bullish trend. The stock has risen by 6.4% in the past month and by 13.8% in the past year.
### Final answer: Buy