HomeStreet SVP Pamela Taylor Unloads 2,800 Shares (HMST)
HomeStreet (NASDAQ:HMST) SVP Pamela Taylor sold 2,800 shares of HomeStreet stock on the open market in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $19.84, for a total transaction of $55,552.00. Following the completion of the sale, the senior vice president now directly owns 10,098 shares of the company’s stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on HMST. Analysts at Zacks upgraded shares of HomeStreet (NASDAQ:HMST) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 3rd. They now have a $20.10 price target on the stock. Finally, analysts at FBR Capital Markets cut their price target on shares of HomeStreet (NASDAQ:HMST) from $27.50 to $25.00 in a research note to investors on Wednesday, June 26th. They now have an “outperform” rating on the stock.
Shares of HomeStreet (NASDAQ:HMST) traded down 0.30% during mid-day trading on Tuesday, hitting $19.89. The stock had a trading volume of 62,892 shares. HomeStreet has a 52-week low of $16.815 and a 52-week high of $28.73. The stock has a 50-day moving average of $20.93 and a 200-day moving average of $22.24. The company has a market cap of $286.8 million and a P/E ratio of 4.42.
HomeStreet (NASDAQ:HMST) last released its earnings data on Monday, July 29th. The company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by $0.04. On average, analysts predict that HomeStreet will post $2.53 earnings per share for the current fiscal year.
HomeStreet, Inc (NASDAQ:HMST) is a financial services company.
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