Insider Buying: Cascade Bancorp EVP Purchases 25,000 Shares of Stock (CACB)
Cascade Bancorp (NASDAQ:CACB) EVP Daniel J. Lee bought 25,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $5.34 per share, with a total value of $133,500.00. Following the purchase, the executive vice president now directly owns 62,192 shares of the company’s stock, valued at approximately $332,105. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Cascade Bancorp (NASDAQ:CACB) traded down 0.55% during mid-day trading on Thursday, hitting $5.39. The stock had a trading volume of 54,906 shares. Cascade Bancorp has a 1-year low of $4.11 and a 1-year high of $6.50. The stock has a 50-day moving average of $5.32 and a 200-day moving average of $5.0. The company’s market cap is $385.9 million.
Cascade Bancorp (NASDAQ:CACB) is a bank holding company.
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