CenterState Banks Insider Purchases $10,270 in Stock (CSFL)
CenterState Banks (NASDAQ:CSFL) Insider John C. Corbett bought 1,000 shares of CenterState Banks stock in a transaction that occurred on Monday, August 4th. The stock was purchased at an average price of $10.27 per share, with a total value of $10,270.00. Following the completion of the transaction, the insider now directly owns 60,683 shares of the company’s stock, valued at approximately $623,214. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
CenterState Banks (NASDAQ:CSFL) opened at 10.12 on Wednesday. CenterState Banks has a one year low of $8.87 and a one year high of $11.65. The stock’s 50-day moving average is $11.00 and its 200-day moving average is $10.82. The company has a market cap of $455.6 million and a price-to-earnings ratio of 48.38.
A number of research firms have recently commented on CSFL. Analysts at Raymond James cut their price target on shares of CenterState Banks from $13.00 to $12.00 in a research note on Monday, July 28th. Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of CenterState Banks from $13.00 to $12.50 in a research note on Monday, July 28th. Finally, analysts at Zacks upgraded shares of CenterState Banks from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 24th. They now have a $12.40 price target on the stock. Three research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus target price of $13.48.
CenterState Banks, Inc (NASDAQ:CSFL) is a bank holding company, which owns the CenterState Bank of Florida, N.
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