Ameris Bancorp Director Buys $59,830 in Stock (ABCB)
Ameris Bancorp (NASDAQ:ABCB) Director Robert Dale Ezzell acquired 2,747 shares of the stock on the open market in a transaction dated Friday, June 13th. The stock was purchased at an average cost of $21.78 per share, with a total value of $59,829.66. Following the completion of the acquisition, the director now directly owns 28,113 shares of the company’s stock, valued at approximately $612,301. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Ameris Bancorp (NASDAQ:ABCB) traded down 1.07% during mid-day trading on Monday, hitting $21.29. 70,363 shares of the company’s stock traded hands. Ameris Bancorp has a 52 week low of $15.57 and a 52 week high of $24.22. The stock has a 50-day moving average of $20.99 and a 200-day moving average of $21.26. The company has a market cap of $535.3 million and a P/E ratio of 24.62.
Ameris Bancorp (NASDAQ:ABCB) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.01. Analysts expect that Ameris Bancorp will post $1.61 EPS for the current fiscal year.
Separately, analysts at Zacks upgraded shares of Ameris Bancorp from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 29th. They now have a $24.70 price target on the stock.
Ameris Bancorp (NASDAQ:ABCB) is a financial holding company.
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