Insider Buying: Chemung Financial Director Acquires 2,500 Shares of Stock (CHMG)
Chemung Financial (NASDAQ:CHMG) Director Thomas R. Tyrrell acquired 2,500 shares of the stock on the open market in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average cost of $28.53 per share, for a total transaction of $71,325.00. Following the completion of the transaction, the director now directly owns 1,250 shares of the company’s stock, valued at approximately $35,663. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Chemung Financial (NASDAQ:CHMG) traded up 0.98% on Thursday, hitting $27.84. The stock had a trading volume of 15,483 shares. Chemung Financial has a 52 week low of $26.81 and a 52 week high of $36.00. The stock’s 50-day moving average is $28.56 and its 200-day moving average is $28.59. The company has a market cap of $128.6 million and a P/E ratio of 16.81.
Chemung Financial Corporation is a financial holding company. The Company was organized for the purpose of acquiring Chemung Canal Trust Company (NASDAQ:CHMG).
Receive News & Ratings for Chemung Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chemung Financial and related companies with Analyst Ratings Network's FREE daily email newsletter.