Community Trust Bancorp EVP Sells $185,843 in Stock (CTBI)
Community Trust Bancorp (NASDAQ:CTBI) EVP Andy Waters sold 4,331 shares of the stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $42.91, for a total value of $185,843.21. Following the transaction, the executive vice president now directly owns 2,139 shares in the company, valued at approximately $91,784. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Community Trust Bancorp (NASDAQ:CTBI) traded down 1.59% during mid-day trading on Monday, hitting $42.17. 83,681 shares of the company’s stock traded hands. Community Trust Bancorp has a one year low of $29.60 and a one year high of $43.54. The stock has a 50-day moving average of $39.45 and a 200-day moving average of $37.3. The company has a market cap of $657.6 million and a price-to-earnings ratio of 14.23.
CTBI has been the subject of a number of recent research reports. Analysts at Thomson Reuters/Verus upgraded shares of Community Trust Bancorp from a “hold” rating to a “buy” rating in a research note to investors on Monday, October 7th. Analysts at Zacks upgraded shares of Community Trust Bancorp from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. They now have a $44.50 price target on the stock.
Community Trust Bancorp, Inc (NASDAQ:CTBI) is a bank holding company.
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