Chemung Financial Director Buys $34,596 in Stock (CHMG)
Chemung Financial (NASDAQ:CHMG) Director John F. Potter purchased 1,200 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were purchased at an average cost of $28.83 per share, with a total value of $34,596.00. Following the acquisition, the director now directly owns 40,164 shares in the company, valued at approximately $1,157,928. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Chemung Financial (NASDAQ:CHMG) traded up 3.78% during mid-day trading on Tuesday, hitting $29.90. 1,768 shares of the company’s stock traded hands. Chemung Financial has a 52 week low of $27.40 and a 52 week high of $36.00. The stock has a 50-day moving average of $32.58 and a 200-day moving average of $32.93. The company has a market cap of $139.7 million and a P/E ratio of 15.37.
Chemung Financial (NASDAQ:CHMG) last announced its earnings results on Thursday, January 30th. The company reported $0.37 EPS for the quarter. Analysts expect that Chemung Financial will post $1.89 EPS for the current fiscal year.
Chemung Financial Corporation is a financial holding company. The Company was organized for the purpose of acquiring Chemung Canal Trust Company (NASDAQ:CHMG).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.