Insider Selling: MutualFirst Financial SVP Sells 1,000 Shares of Stock (MFSF)
MutualFirst Financial (NASDAQ:MFSF) SVP Charles J. Viater sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $19.67, for a total transaction of $19,670.00. Following the completion of the transaction, the senior vice president now directly owns 112,192 shares in the company, valued at approximately $2,206,817. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of MutualFirst Financial (NASDAQ:MFSF) remained flat at $19.46 during trading on Friday. 33 shares of the company’s stock traded hands. MutualFirst Financial has a 1-year low of $14.76 and a 1-year high of $20.99. The stock’s 50-day moving average is $19.23 and its 200-day moving average is $18.98. The company has a market cap of $139.3 million and a price-to-earnings ratio of 15.96.
MutualFirst Financial (NASDAQ:MFSF) last announced its earnings results on Monday, July 21st. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. Analysts expect that MutualFirst Financial will post $1.30 EPS for the current fiscal year.
Several analysts have recently commented on the stock. 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, Inc (NASDAQ:MFSF) is the holding company of its wholly owned subsidiary, MutualBank (the Bank).
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