First Interstate Bancsystem CFO Sells $65,100 in Stock (FIBK)
First Interstate Bancsystem (NASDAQ:FIBK) CFO Kevin P. Riley sold 2,500 shares of the stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $26.04, for a total transaction of $65,100.00. Following the sale, the chief financial officer now directly owns 14,082 shares in the company, valued at approximately $366,695. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
First Interstate Bancsystem (NASDAQ:FIBK) traded up 1.47% during mid-day trading on Thursday, hitting $26.26. 153,129 shares of the company’s stock traded hands. First Interstate Bancsystem has a 1-year low of $22.36 and a 1-year high of $29.53. The stock has a 50-day moving average of $26.4 and a 200-day moving average of $26.26. The company has a market cap of $1.162 billion and a price-to-earnings ratio of 13.21.
First Interstate Bancsystem (NASDAQ:FIBK) last issued its quarterly earnings data on Monday, July 21st. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.03. On average, analysts predict that First Interstate Bancsystem will post $1.86 earnings per share for the current fiscal year.
First Interstate BancSystem, Inc is a bank holding company. The Company through its wholly owned bank subsidiary, First Interstate Bank (NASDAQ:FIBK), it delivers a range of banking products and services to individuals, businesses, municipalities and other entities throughout Montana, Wyoming and western South Dakota.
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