Insider Buying: Ray A. Sparks Purchases 1,900 Shares of First Mid-Illinois Bancshares Stock (FMBH)
First Mid-Illinois Bancshares (NASDAQ:FMBH) Director Ray A. Sparks acquired 1,900 shares of the stock in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average cost of $20.51 per share, with a total value of $38,969.00. Following the acquisition, the director now directly owns 126,382 shares of the company’s stock, valued at approximately $2,592,095. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Shares of First Mid-Illinois Bancshares (NASDAQ:FMBH) remained flat at $20.50 during during mid-day trading trading on Wednesday. First Mid-Illinois Bancshares has a one year low of $19.05 and a one year high of $23.80. The stock has a 50-day moving average of $20.06 and a 200-day moving average of $21.25. The company has a market cap of $120.9 million and a price-to-earnings ratio of 11.20.
First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its wholly owned subsidiary, First Mid-Illinois Bank & Trust, N.
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