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Investors Bancorp (NASDAQ:ISBC) Director James H. Ward III acquired 1,130 shares of the stock on the open market in a transaction dated Wednesday, June 11th. The shares were purchased at an average cost of $10.82 per share, for a total transaction of $12,226.60. Following the completion of the transaction, the director now directly owns 144,847 shares in the company, valued at approximately $1,567,245. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Investors Bancorp (NASDAQ:ISBC) traded down 1.09% on Monday, hitting $10.85. The stock had a trading volume of 3,829,855 shares. Investors Bancorp has a 1-year low of $7.7128 and a 1-year high of $11.2632. The stock has a 50-day moving average of $10.63 and a 200-day moving average of $10.26. The company has a market cap of $3.732 billion and a price-to-earnings ratio of 27.70.

Investors Bancorp (NASDAQ:ISBC) last released its earnings data on Thursday, April 17th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.24 by $0.01. Analysts expect that Investors Bancorp will post $0.41 EPS for the current fiscal year.

A number of research firms have recently commented on ISBC. Analysts at RBC Capital raised their price target on shares of Investors Bancorp from $10.00 to $13.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Boenning Scattergood raised their price target on shares of Investors Bancorp from $12.00 to $12.50 in a research note on Wednesday, June 11th. They now have an “outperform” rating on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Investors Bancorp in a research note on Wednesday, June 11th. They now have a $12.00 price target on the stock, down previously from $27.00. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $22.21.

Investors Bancorp, Inc is a holding company for Investors Bank (NASDAQ:ISBC).

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