Insider Selling: Charles H. Batson Sells 1,500 Shares of First Business Financial Services Stock (FBIZ)
First Business Financial Services (NASDAQ:FBIZ) CEO Charles H. Batson sold 1,500 shares of the stock on the open market in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $47.80, for a total transaction of $71,700.00. Following the transaction, the chief executive officer now directly owns 15,055 shares in the company, valued at approximately $719,629. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of First Business Financial Services from $50.00 to $54.00 in a research note on Tuesday, April 29th.
First Business Financial Services (NASDAQ:FBIZ) traded up 0.42% on Tuesday, hitting $48.00. 22,650 shares of the company’s stock traded hands. First Business Financial Services has a 1-year low of $27.92 and a 1-year high of $49.13. The stock’s 50-day moving average is $45.56 and its 200-day moving average is $43.29. The company has a market cap of $189.3 million and a price-to-earnings ratio of 13.67.
First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by $0.06. On average, analysts predict that First Business Financial Services will post $3.69 earnings per share for the current fiscal year.
First Business Financial Services, Inc (NASDAQ:FBIZ) is a bank holding company engaged in the commercial banking business through its wholly owned subsidiaries, First Business Bank and First Business Bank – Milwaukee (the Banks).
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.