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 transaction, the insider now directly owns 4,446 shares in the company, valued at approximately $105,993. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Trustmark Corp. (NASDAQ:TRMK) opened at 23.91 on Tuesday. 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 $23.45 and its 200-day moving average is $23.89. The company has a market cap of $1.612 billion and a price-to-earnings ratio of 13.05.
Trustmark Corp. (NASDAQ:TRMK) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.06. During the same quarter in the prior 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 announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Monday, September 1st will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.85%. The ex-dividend date 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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