County Bancorp, Inc. (ICBK) CFO Acquires $37,800.00 in Stock
County Bancorp, Inc. (NASDAQ:ICBK) CFO Glen L. Stiteley purchased 1,260 shares of the company’s stock in a transaction dated Tuesday, October 24th. The shares were purchased at an average cost of $30.00 per share, for a total transaction of $37,800.00. Following the transaction, the chief financial officer now directly owns 3,094 shares in the company, valued at $92,820. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of County Bancorp, Inc. (ICBK) traded up 1.3145% on Thursday, hitting $30.2525. The stock had a trading volume of 2,208 shares. County Bancorp, Inc. has a 12 month low of $19.56 and a 12 month high of $35.89. The stock has a 50 day moving average of $30.04 and a 200-day moving average of $26.79. The stock has a market cap of $200.91 million, a PE ratio of 18.6055 and a beta of 0.47.
County Bancorp (NASDAQ:ICBK) last released its quarterly earnings results on Friday, October 20th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.08. County Bancorp had a return on equity of 9.35% and a net margin of 19.27%. The business had revenue of $12.05 million during the quarter, compared to analyst estimates of $11.97 million. Equities research analysts anticipate that County Bancorp, Inc. will post $1.66 EPS for the current year.
COPYRIGHT VIOLATION WARNING: “County Bancorp, Inc. (ICBK) CFO Acquires $37,800.00 in Stock” was published by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.americanbankingnews.com/2017/10/26/county-bancorp-inc-icbk-cfo-acquires-37800-00-in-stock.html.
Large investors have recently added to or reduced their stakes in the business. First Manhattan Co. grew its holdings in County Bancorp by 50.0% during the second quarter. First Manhattan Co. now owns 7,500 shares of the financial services provider’s stock valued at $180,000 after purchasing an additional 2,500 shares during the period. Teachers Advisors LLC grew its holdings in County Bancorp by 15.4% during the second quarter. Teachers Advisors LLC now owns 9,038 shares of the financial services provider’s stock valued at $217,000 after purchasing an additional 1,205 shares during the period. TIAA CREF Investment Management LLC grew its holdings in County Bancorp by 1.3% during the second quarter. TIAA CREF Investment Management LLC now owns 14,053 shares of the financial services provider’s stock valued at $337,000 after purchasing an additional 180 shares during the period. Bank of New York Mellon Corp grew its holdings in County Bancorp by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 14,496 shares of the financial services provider’s stock valued at $421,000 after purchasing an additional 449 shares during the period. Finally, Legacy Private Trust Co. grew its holdings in County Bancorp by 32.0% during the second quarter. Legacy Private Trust Co. now owns 14,880 shares of the financial services provider’s stock valued at $357,000 after purchasing an additional 3,605 shares during the period. 25.29% of the stock is owned by institutional investors and hedge funds.
A number of brokerages have recently commented on ICBK. Maxim Group reaffirmed a “buy” rating and set a $33.00 price target on shares of County Bancorp in a research report on Monday. Zacks Investment Research raised County Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th.
About County Bancorp
County Bancorp, Inc is a bank holding company. The Company’s primary activities consist of holding the stock of its subsidiary bank, Investors Community Bank (the Bank), and providing banking and related business activities through the Bank and its other subsidiaries. It operates in the community banking segment.
Receive News & Ratings for County Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for County Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.