Midland States Bancorp Inc. (MSBI) SVP Sells $69,822.40 in Stock
Midland States Bancorp Inc. (NASDAQ:MSBI) SVP Douglas J. Tucker sold 2,416 shares of Midland States Bancorp stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $28.90, for a total transaction of $69,822.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Midland States Bancorp Inc. (NASDAQ:MSBI) traded up 5.23% on Tuesday, reaching $30.99. 138,851 shares of the company’s stock traded hands. The stock has a 50-day moving average of $26.29 and a 200 day moving average of $23.95. Midland States Bancorp Inc. has a 52 week low of $20.80 and a 52 week high of $31.58. The firm has a market capitalization of $477.71 million and a P/E ratio of 15.16.
The company also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Shareholders of record on Friday, November 18th will be paid a dividend of $0.18 per share. The ex-dividend date is Wednesday, November 16th. This represents a $0.72 annualized dividend and a dividend yield of 2.32%.
Separately, Zacks Investment Research cut shares of Midland States Bancorp from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 29th.
About Midland States Bancorp
Midland States Bancorp, Inc is a United States-based diversified financial holding company. The Company’s banking subsidiary, Midland States Bank, provides a range of traditional community banking and other complementary financial services. Its segments include Banking, Commercial Federal Housing Administration (FHA) Origination and Servicing, and Other.
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