Southside Bancshares EVP Sells $11,552 in Stock (SBSI)
Southside Bancshares (NASDAQ:SBSI) EVP Brian K. Mccabe sold 400 shares of Southside Bancshares stock on the open market in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $28.88, for a total value of $11,552.00. Following the completion of the transaction, the executive vice president now directly owns 14,620 shares of the company’s stock, valued at approximately $422,226. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Southside Bancshares (NASDAQ:SBSI) traded down 0.98% on Friday, hitting $29.20. 4,960 shares of the company’s stock traded hands. Southside Bancshares has a one year low of $24.57 and a one year high of $32.95. The stock’s 50-day moving average is $28.96 and its 200-day moving average is $28.57. The company has a market cap of $549.9 million and a P/E ratio of 13.98.
Southside Bancshares (NASDAQ:SBSI) last announced its earnings results on Monday, July 28th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.53 by $0.02. On average, analysts predict that Southside Bancshares will post $2.16 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 4th. Investors of record on Thursday, August 21st will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.98%.
Southside Bancshares, Inc (NASDAQ:SBSI) bank holding company for Southside Bank.
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