Insider Selling: Charles J. Viater Sells 3,000 Shares of MutualFirst Financial Stock (MFSF)
MutualFirst Financial (NASDAQ:MFSF) SVP Charles J. Viater sold 3,000 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $19.23, for a total value of $57,690.00. Following the sale, the senior vice president now directly owns 129,892 shares of the company’s stock, valued at approximately $2,497,823. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of MutualFirst Financial from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 23rd. They now have a $21.20 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of MutualFirst Financial from $17.00 to $18.00 in a research note on Tuesday, July 22nd. They now have a “market perform” rating on the stock.
MutualFirst Financial (NASDAQ:MFSF) traded down 0.26% during mid-day trading on Friday, hitting $19.18. 22,765 shares of the company’s stock traded hands. MutualFirst Financial has a 52-week low of $14.51 and a 52-week high of $20.99. The stock has a 50-day moving average of $19.08 and a 200-day moving average of $18.96. The company has a market cap of $137.3 million and a price-to-earnings ratio of 15.78.
MutualFirst Financial (NASDAQ:MFSF) last issued its quarterly earnings data on Monday, July 21st. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.29 by $0.06. On average, analysts predict that MutualFirst Financial will post $1.30 earnings per share for the current fiscal year.
MutualFirst Financial, Inc (NASDAQ:MFSF) is the holding company of its wholly owned subsidiary, MutualBank (the Bank).
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