Insider Buying: G. Thomas Jr. Tranter Buys 1,000 Shares of Chemung Financial Stock (CHMG)
Chemung Financial (NASDAQ:CHMG) Director G. Thomas Jr. Tranter acquired 1,000 shares of the stock on the open market 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 transaction, the director now directly owns 8,000 shares in the company, valued at approximately $217,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Chemung Financial (NASDAQ:CHMG) traded up 0.18% on Friday, hitting $27.26. The stock had a trading volume of 2,046 shares. Chemung Financial has a 52-week low of $26.81 and a 52-week high of $36.00. The stock has a 50-day moving average of $28.74 and a 200-day moving average of $28.78. The company has a market cap of $125.9 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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