Insider Selling: Craig A. Dally Sells 5,000 Shares of Fulton Financial Corp Stock (FULT)
Fulton Financial Corp (NASDAQ:FULT) Director Craig A. Dally sold 5,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $11.50, for a total value of $57,500.00. Following the completion of the transaction, the director now directly owns 145,567 shares in the company, valued at approximately $1,674,021. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at Zacks downgraded shares of Fulton Financial Corp from a “neutral” rating to an “underperform” rating in a research note on Friday, July 25th. They now have a $10.80 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Fulton Financial Corp presently has a consensus rating of “Hold” and a consensus target price of $13.36.
Shares of Fulton Financial Corp (NASDAQ:FULT) traded up 0.83% on Friday, hitting $11.535. 540,738 shares of the company’s stock traded hands. Fulton Financial Corp has a one year low of $11.05 and a one year high of $13.40. The stock has a 50-day moving average of $11.51 and a 200-day moving average of $12.1. The company has a market cap of $2.166 billion and a price-to-earnings ratio of 13.46.
Fulton Financial Corp (NASDAQ:FULT) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. During the same quarter in the previous year, the company posted $0.21 earnings per share. Analysts expect that Fulton Financial Corp will post $0.84 EPS for the current fiscal year.
Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its six wholly owned banking subsidiaries: Fulton Bank, N.
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