Insider Buying: First Mid-Illinois Bancshares Director Buys 1,200 Shares of Stock (FMBH)
First Mid-Illinois Bancshares (NASDAQ:FMBH) Director Ray A. Sparks purchased 1,200 shares of First Mid-Illinois Bancshares stock on the open market in a transaction that occurred on Tuesday, August 5th. The stock was purchased at an average price of $20.51 per share, for a total transaction of $24,612.00. Following the acquisition, the director now directly owns 127,582 shares of the company’s stock, valued at approximately $2,616,707. 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) opened at 20.50 on Friday. First Mid-Illinois Bancshares has a 1-year low of $19.05 and a 1-year high of $23.80. The stock has a 50-day moving average of $20.20 and a 200-day moving average of $21.16. The company has a market cap of $120.9 million and a price-to-earnings 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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