First Internet Banc Director Jerry L. Williams Purchases 2,000 Shares (INBK)
First Internet Banc (NASDAQ:INBK) Director Jerry L. Williams acquired 2,000 shares of the stock in a transaction dated Monday, August 11th. The stock was purchased at an average cost of $18.67 per share, for a total transaction of $37,340.00. Following the purchase, the director now directly owns 29,528 shares of the company’s stock, valued at approximately $551,288. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
First Internet Banc (NASDAQ:INBK) traded up 0.22% on Tuesday, hitting $17.82. The stock had a trading volume of 11,606 shares. First Internet Banc has a one year low of $17.23 and a one year high of $33.03. The stock has a 50-day moving average of $19.58 and a 200-day moving average of $21.45. The company has a market cap of $79.3 million and a price-to-earnings ratio of 23.03.
First Internet Banc (NASDAQ:INBK) last released its earnings data on Thursday, July 24th. The company reported $0.22 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.22. Analysts expect that First Internet Banc will post $0.77 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Friday, September 26th.
First Internet Bancorp is a provider of online retail and business banking services nationwide. The Company is a parent company of First Internet Bank of Indiana.
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