First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) Director James Edwin Zimmer acquired 1,338 shares of the company’s stock in a transaction on Wednesday, March 15th. The stock was purchased at an average cost of $32.77 per share, for a total transaction of $43,846.26. Following the completion of the purchase, the director now directly owns 1,716 shares in the company, valued at approximately $56,233.32. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) traded up 0.62% during trading on Wednesday, reaching $40.28. 34,518 shares of the company’s stock traded hands. The company has a 50 day moving average of $35.99 and a 200-day moving average of $34.76. The company has a market capitalization of $504.02 million, a price-to-earnings ratio of 18.18 and a beta of -0.03. First Mid-Illinois Bancshares, Inc. has a 1-year low of $25.80 and a 1-year high of $41.15.

First Mid-Illinois Bancshares (NASDAQ:FMBH) last posted its earnings results on Thursday, July 27th. The bank reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.10. The company had revenue of $31.92 million for the quarter, compared to analysts’ expectations of $29.90 million. First Mid-Illinois Bancshares had a return on equity of 9.16% and a net margin of 22.04%. Equities analysts predict that First Mid-Illinois Bancshares, Inc. will post $2.38 earnings per share for the current year.

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FMBH has been the topic of several recent research reports. Zacks Investment Research cut shares of First Mid-Illinois Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub cut shares of First Mid-Illinois Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th.

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in First Mid-Illinois Bancshares by 2.1% in the first quarter. Vanguard Group Inc. now owns 265,907 shares of the bank’s stock valued at $8,998,000 after buying an additional 5,445 shares during the last quarter. Teachers Advisors LLC lifted its stake in First Mid-Illinois Bancshares by 31.3% in the fourth quarter. Teachers Advisors LLC now owns 12,241 shares of the bank’s stock valued at $416,000 after buying an additional 2,916 shares during the last quarter. Geode Capital Management LLC lifted its stake in First Mid-Illinois Bancshares by 5.9% in the first quarter. Geode Capital Management LLC now owns 66,257 shares of the bank’s stock valued at $2,242,000 after buying an additional 3,701 shares during the last quarter. American International Group Inc. lifted its stake in First Mid-Illinois Bancshares by 38.8% in the first quarter. American International Group Inc. now owns 4,579 shares of the bank’s stock valued at $155,000 after buying an additional 1,279 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. lifted its stake in First Mid-Illinois Bancshares by 6.0% in the first quarter. Cornerstone Capital Management Holdings LLC. now owns 13,891 shares of the bank’s stock valued at $469,000 after buying an additional 791 shares during the last quarter. Institutional investors own 20.11% of the company’s stock.

First Mid-Illinois Bancshares Company Profile

First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its subsidiaries, First Mid-Illinois Bank & Trust, N.A. (First Mid Bank) and First Clover Leaf Bank, N.A. (First Clover Leaf Bank). The Company provides data processing services to affiliates through another subsidiary, Mid-Illinois Data Services, Inc (MIDS).

Insider Buying and Selling by Quarter for First Mid-Illinois Bancshares (NASDAQ:FMBH)

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