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 shares were purchased at an average cost of $5.14 per share, for a total transaction of $23,130.00. Following the completion of the purchase, the executive vice president now directly owns 66,689 shares in the company, valued at approximately $342,781. The acquisition was disclosed in a filing with the SEC, which is available at this link.
Cascade Bancorp (NASDAQ:CACB) opened at 5.11 on Wednesday. Cascade Bancorp has a 52-week low of $4.11 and a 52-week 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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