Insider Selling: T Harris Collier III Sells 1,000 Shares of Trustmark Corp. Stock (TRMK)
Trustmark Corp. (NASDAQ:TRMK) Insider T Harris Collier III sold 1,000 shares of Trustmark Corp. stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $23.84, for a total value of $23,840.00. Following the completion of the transaction, the insider now directly owns 4,446 shares of the company’s stock, valued at approximately $105,993. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Trustmark Corp. (NASDAQ:TRMK) traded up 0.25% on Monday, hitting $23.91. The stock had a trading volume of 193,281 shares. Trustmark Corp. has a 52 week low of $22.35 and a 52 week high of $28.88. The stock’s 50-day moving average is $23.43 and its 200-day moving average is $23.87. The company has a market cap of $1.612 billion and a price-to-earnings ratio of 13.05.
Trustmark Corp. (NASDAQ:TRMK) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.06. During the same quarter in the previous year, the company posted $0.46 earnings per share. On average, analysts predict that Trustmark Corp. will post $1.77 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Monday, September 1st will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, August 27th.
Separately, analysts at Jefferies Group initiated coverage on shares of Trustmark Corp. in a research note on Tuesday, August 12th. They set a “hold” rating and a $24.00 price target on the stock.
Trustmark Corporation (NASDAQ:TRMK) is a bank holding company.
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