Insider Buying: Cascade Bancorp EVP Purchases 4,500 Shares of Stock (CACB)
Cascade Bancorp (NASDAQ:CACB) EVP Daniel J. Lee bought 4,500 shares of Cascade Bancorp stock in a transaction dated Friday, August 29th. The shares were purchased at an average price of $5.14 per share, with a total value of $23,130.00. Following the acquisition, the executive vice president now directly owns 66,689 shares of the company’s stock, valued at approximately $342,781. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Cascade Bancorp (NASDAQ:CACB) traded up 1.96% during mid-day trading on Thursday, hitting $5.19. The stock had a trading volume of 48,862 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 $5.2 and its 200-day moving average is $5.04. The company’s market cap is $371.6 million.
Cascade Bancorp (NASDAQ:CACB) is a bank holding company.