Insider Buying: Gary G. White Purchases 2,000 Shares of United Bankshares Stock (UBSI)
United Bankshares (NASDAQ:UBSI) Director Gary G. White bought 2,000 shares of the stock on the open market in a transaction dated Tuesday, May 6th. The stock was purchased at an average cost of $28.59 per share, for a total transaction of $57,180.00. Following the transaction, the director now directly owns 15,371 shares of the company’s stock, valued at approximately $439,457. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
United Bankshares (NASDAQ:UBSI) traded up 1.72% during mid-day trading on Wednesday, hitting $28.98. 272,110 shares of the company’s stock traded hands. United Bankshares has a 1-year low of $25.00 and a 1-year high of $32.71. The stock has a 50-day moving average of $30.23 and a 200-day moving average of $30.36. The company has a market cap of $2.001 billion and a P/E ratio of 16.19.
United Bankshares (NASDAQ:UBSI) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.43 by $0.05. During the same quarter last year, the company posted $0.43 earnings per share. Analysts expect that United Bankshares will post $1.90 EPS for the current fiscal year.
United Bankshares, Inc (NASDAQ:UBSI) is a bank holding company.
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