MutualFirst Financial SVP Charles J. Viater Sells 8,000 Shares (MFSF)
MutualFirst Financial (NASDAQ:MFSF) SVP Charles J. Viater unloaded 8,000 shares of the company’s stock on the open market in a transaction dated Friday, August 8th. The stock was sold at an average price of $19.41, for a total transaction of $155,280.00. Following the completion of the sale, the senior vice president now directly owns 115,692 shares of the company’s stock, valued at approximately $2,245,582. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on MFSF. 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.
Shares of MutualFirst Financial (NASDAQ:MFSF) traded up 0.36% during mid-day trading on Monday, hitting $19.57. 9,336 shares of the company’s stock traded hands. MutualFirst Financial has a 52 week low of $14.76 and a 52 week high of $20.99. The stock’s 50-day moving average is $19.15 and its 200-day moving average is $18.96. The company has a market cap of $140.1 million and a P/E ratio of 16.00.
MutualFirst Financial (NASDAQ:MFSF) last announced its earnings results on Monday, July 21st. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters 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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