Insider Buying: Cascade Bancorp EVP Acquires 4,500 Shares of Stock (CACB)
Cascade Bancorp (NASDAQ:CACB) EVP Daniel J. Lee purchased 4,500 shares of Cascade Bancorp stock in a transaction that occurred on 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 purchase, the executive vice president now directly owns 66,689 shares of the company’s stock, valued at approximately $342,781. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
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 one year low of $4.11 and a one year high of $6.34. The stock’s 50-day moving average is $5.3 and its 200-day moving average is $5.04. The company’s market cap is $365.8 million.
Cascade Bancorp (NASDAQ:CACB) is a bank holding company.
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