Insider Buying: Ray A. Sparks Acquires 1,200 Shares of First Mid-Illinois Bancshares Stock (FMBH)
First Mid-Illinois Bancshares (NASDAQ:FMBH) Director Ray A. Sparks bought 1,200 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 5th. The stock was purchased at an average cost of $20.51 per share, with a total value of $24,612.00. Following the completion of the acquisition, the director now directly owns 127,582 shares of the company’s stock, valued at approximately $2,616,707. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of First Mid-Illinois Bancshares (NASDAQ:FMBH) remained flat at $20.97 during during mid-day trading trading on Thursday. First Mid-Illinois Bancshares has a 52 week low of $19.05 and a 52 week high of $23.80. The stock has a 50-day moving average of $20.18 and a 200-day moving average of $21.17. The company has a market cap of $123.6 million and a P/E ratio of 11.45.
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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