Insider Buying: Chemung Financial Director Buys 1,000 Shares of Stock (CHMG)
Chemung Financial (NASDAQ:CHMG) Director G. Thomas Jr. Tranter bought 1,000 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were purchased at an average price of $27.20 per share, with a total value of $27,200.00. Following the acquisition, the director now directly owns 8,000 shares in the company, valued at approximately $217,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Chemung Financial (NASDAQ:CHMG) traded up 0.48% on Friday, hitting $27.34. The stock had a trading volume of 1,943 shares. Chemung Financial has a 52 week low of $26.81 and a 52 week high of $36.00. The stock’s 50-day moving average is $28.75 and its 200-day moving average is $28.83. The company has a market cap of $128.0 million and a price-to-earnings ratio of 16.59.
Chemung Financial Corporation is a financial holding company. The Company was organized for the purpose of acquiring Chemung Canal Trust Company (NASDAQ:CHMG).
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