Insider Selling: Peoples Utah Bancorp (PUB) Director Sells 1,700 Shares of Stock
Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 1,700 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $31.08, for a total value of $52,836.00. Following the completion of the sale, the director now directly owns 77,476 shares of the company’s stock, valued at approximately $2,407,954.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Peoples Utah Bancorp (NASDAQ PUB) traded down $0.65 during midday trading on Thursday, hitting $30.60. The stock had a trading volume of 23,340 shares, compared to its average volume of 25,918. Peoples Utah Bancorp has a 52 week low of $23.95 and a 52 week high of $33.60. The stock has a market capitalization of $561.50, a P/E ratio of 21.63, a price-to-earnings-growth ratio of 2.71 and a beta of 0.98.
Several equities research analysts have recently weighed in on PUB shares. BidaskClub raised Peoples Utah Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, September 21st. Zacks Investment Research downgraded Peoples Utah Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 28th. Finally, ValuEngine downgraded Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd.
COPYRIGHT VIOLATION WARNING: “Insider Selling: Peoples Utah Bancorp (PUB) Director Sells 1,700 Shares of Stock” was first reported by American Banking News and is the property of of American Banking News. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/12/14/insider-selling-peoples-utah-bancorp-pub-director-sells-1700-shares-of-stock.html.
Peoples Utah Bancorp Company Profile
People’s Utah Bancorp is a bank holding company. As of December 31, 2016, the Company had 18 retail banking locations, two residential mortgage offices and other support facilities operated through its banking subsidiary, People’s Intermountain Bank (PIB or the Bank). The Company provides full-service retail banking in the state of Utah, including a range of banking and related services to locally owned businesses, professional firms, real-estate developers, residential home builders, high net-worth individuals, investors and other customers.
Receive News & Ratings for Peoples Utah Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Utah Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.