Insider selling over the past year could worry investors, but the level of insider ownership suggests alignment with shareholders. The recent selling is concerning, but not a strong signal.

Current gains hint at potentially improving sentiment around First BanCorp, despite a cautious market attitude as indicated by its P/E ratio of 9.29.

First Bank's executive changes are strategic and are expected to help them stay adaptive and innovative, and further strengthen their ability to bring value to their customers, associates, and stakeholders.