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Cascade Bancorp (NASDAQ:CACB) EVP Daniel J. Lee purchased 4,500 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was purchased at an average price of $5.14 per share, with a total value of $23,130.00. Following the transaction, the executive vice president now directly owns 66,689 shares of the company’s stock, valued at approximately $342,781. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Shares of Cascade Bancorp (NASDAQ:CACB) traded down 0.97% during mid-day trading on Tuesday, hitting $5.11. The stock had a trading volume of 73,072 shares. Cascade Bancorp has a 52 week low of $4.11 and a 52 week high of $6.34. The stock has a 50-day moving average of $5.3 and a 200-day moving average of $5.04. The company’s market cap is $365.8 million.

Cascade Bancorp (NASDAQ:CACB) is a bank holding company.

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