Insider Selling: First Mid-Illinois Bancshares major shareholder Sells 5,000 Shares of Stock (FMBH)
First Mid-Illinois Bancshares (NASDAQ:FMBH) major shareholder Charles A. /Tx Adams sold 5,000 shares of First Mid-Illinois Bancshares stock on the open market in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $22.00, for a total transaction of $110,000.00. Following the completion of the transaction, the insider now directly owns 134,114 shares of the company’s stock, valued at approximately $2,950,508. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
First Mid-Illinois Bancshares (NASDAQ:FMBH) remained flat at $23.00 during trading on Thursday. First Mid-Illinois Bancshares has a one year low of $21.00 and a one year high of $25.00. The stock has a 50-day moving average of $22.12 and a 200-day moving average of $22.18. The company has a market cap of $136.3 million and a price-to-earnings ratio of 13.46.
First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its wholly owned subsidiary, First Mid-Illinois Bank & Trust, N.
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