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First Internet Banc (NASDAQ:INBK) Director Jerry L. Williams bought 1,000 shares of the stock on the open market in a transaction dated Thursday, August 14th. The shares were purchased at an average cost of $17.82 per share, with a total value of $17,820.00. Following the acquisition, the director now directly owns 30,528 shares of the company’s stock, valued at approximately $544,009. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

First Internet Banc (NASDAQ:INBK) traded down 0.93% on Friday, hitting $17.625. 4,517 shares of the company’s stock traded hands. First Internet Banc has a one year low of $17.04 and a one year high of $31.82. The stock’s 50-day moving average is $19.26 and its 200-day moving average is $21.38. The company has a market cap of $78.4 million and a P/E ratio of 23.04.

First Internet Banc (NASDAQ:INBK) last announced its earnings results on Thursday, July 24th. The company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. On average, analysts predict that First Internet Banc will post $0.77 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Stockholders 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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