Stock Yards Bancorp Inc. (NASDAQ:SYBT) CEO David P. Heintzman sold 981 shares of the stock in a transaction that occurred on Wednesday, November 9th. The shares were sold at an average price of $36.70, for a total value of $36,002.70. Following the transaction, the chief executive officer now directly owns 164,066 shares of the company’s stock, valued at $6,021,222.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Stock Yards Bancorp Inc. (NASDAQ:SYBT) opened at 39.35 on Monday. The company has a market cap of $888.33 million, a price-to-earnings ratio of 22.32 and a beta of 0.63. Stock Yards Bancorp Inc. has a 52 week low of $22.67 and a 52 week high of $39.90. The stock’s 50 day moving average price is $33.96 and its 200-day moving average price is $30.31.

Stock Yards Bancorp (NASDAQ:SYBT) last issued its quarterly earnings data on Wednesday, October 26th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. Stock Yards Bancorp had a return on equity of 13.36% and a net margin of 28.18%. On average, equities research analysts forecast that Stock Yards Bancorp Inc. will post $1.79 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Stock Yards Bancorp (NASDAQ:SYBT)

A number of analysts have recently issued reports on SYBT shares. Zacks Investment Research cut Stock Yards Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, October 11th. Hilliard Lyons lowered Stock Yards Bancorp from a “neutral” rating to an “underperform” rating in a research note on Thursday, October 27th.

Hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN raised its stake in shares of Stock Yards Bancorp by 0.3% in the third quarter. Wells Fargo & Company MN now owns 22,935 shares of the company’s stock worth $756,000 after buying an additional 63 shares in the last quarter. BlackRock Inc. raised its stake in shares of Stock Yards Bancorp by 2.6% in the third quarter. BlackRock Inc. now owns 6,257 shares of the company’s stock worth $207,000 after buying an additional 158 shares in the last quarter. Smith Asset Management Group LP raised its stake in shares of Stock Yards Bancorp by 2.0% in the third quarter. Smith Asset Management Group LP now owns 11,695 shares of the company’s stock worth $385,000 after buying an additional 230 shares in the last quarter. BlackRock Group LTD raised its stake in shares of Stock Yards Bancorp by 3.6% in the third quarter. BlackRock Group LTD now owns 8,557 shares of the company’s stock worth $282,000 after buying an additional 297 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Stock Yards Bancorp by 1.0% in the third quarter. Rhumbline Advisers now owns 30,488 shares of the company’s stock worth $1,005,000 after buying an additional 300 shares in the last quarter. 42.21% of the stock is owned by hedge funds and other institutional investors.

Stock Yards Bancorp Company Profile

Stock Yards Bancorp, Inc is the holding company for Stock Yards Bank & Trust Company (the Bank). The Company operates through two segments: commercial banking, and investment management and trust. Its commercial banking segment provides a range of loan and deposit products to individual consumers and businesses.

5 Day Chart for NASDAQ:SYBT

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