Insider Buying: Farmers Capital Bank Corp Director Buys 2,200 Shares of Stock (FFKT)
Farmers Capital Bank Corp (NASDAQ:FFKT) Director David Young Phelps acquired 2,200 shares of Farmers Capital Bank Corp stock on the open market in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average cost of $19.20 per share, with a total value of $42,240.00. Following the completion of the purchase, the director now directly owns 4,810 shares in the company, valued at approximately $92,352. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
FFKT has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Farmers Capital Bank Corp from an “outperform” rating to a “neutral” rating in a research note on Friday, May 23rd. They now have a $22.40 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of Farmers Capital Bank Corp from $26.00 to $23.00 in a research note on Monday, May 19th.
Farmers Capital Bank Corp (NASDAQ:FFKT) traded up 0.47% on Wednesday, hitting $19.18. 7,874 shares of the company’s stock traded hands. Farmers Capital Bank Corp has a one year low of $17.64 and a one year high of $26.98. The stock’s 50-day moving average is $19.89 and its 200-day moving average is $20.63. The company has a market cap of $143.5 million and a P/E ratio of 12.95.
Farmers Capital Bank Corp (NASDAQ:FFKT) last issued its quarterly earnings data on Friday, April 25th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.40 by $0.02. On average, analysts predict that Farmers Capital Bank Corp will post $1.62 earnings per share for the current fiscal year.
Farmers Capital Bank Corporation is a bank holding company. The Company’s subsidiaries provide a range of banking and bank-related services to customers throughout Central and Northern Kentucky.
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.