MutualFirst Financial SVP Charles J. Viater Unloads 2,500 Shares (MFSF)
MutualFirst Financial (NASDAQ:MFSF) SVP Charles J. Viater sold 2,500 shares of the company’s stock on the open market in a transaction dated Monday, August 11th. The stock was sold at an average price of $19.50, for a total transaction of $48,750.00. Following the sale, the senior vice president now directly owns 113,192 shares in the company, valued at approximately $2,207,244. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
MFSF has been the subject of a number of recent research reports. 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.
MutualFirst Financial (NASDAQ:MFSF) traded down 0.10% during mid-day trading on Tuesday, hitting $19.55. The stock had a trading volume of 2,875 shares. MutualFirst Financial has a 52 week low of $14.76 and a 52 week high of $20.99. The stock has a 50-day moving average of $19.18 and a 200-day moving average of $18.97. The company has a market cap of $139.9 million and a P/E ratio of 16.05.
MutualFirst Financial (NASDAQ:MFSF) last issued its quarterly earnings data 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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