Insider Selling: Peoples Financial Services Corp. (PFIS) Director Sells 13,229 Shares of Stock
Peoples Financial Services Corp. (NASDAQ:PFIS) Director Joseph G. Md Cesare sold 13,229 shares of the company’s stock in a transaction on Tuesday, November 29th. The shares were sold at an average price of $45.11, for a total value of $596,760.19. Following the completion of the sale, the director now owns 25,188 shares in the company, valued at $1,136,230.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Peoples Financial Services Corp. (NASDAQ:PFIS) traded down 0.85% during mid-day trading on Wednesday, hitting $44.50. The stock had a trading volume of 4,556 shares. Peoples Financial Services Corp. has a 12-month low of $32.74 and a 12-month high of $46.54. The company has a 50 day moving average price of $41.04 and a 200 day moving average price of $39.45. The firm has a market cap of $329.03 million, a P/E ratio of 17.63 and a beta of 0.93.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 30th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.76%. The ex-dividend date is Monday, November 28th. Peoples Financial Services Corp.’s dividend payout ratio is currently 49.01%.
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About Peoples Financial Services Corp.
Peoples Financial Services Corp. (Peoples) is a bank holding company. The Company provides a range of financial services through its subsidiary, Peoples Security Bank and Trust Company (Peoples Bank), including its subsidiary, Peoples Advisors. Peoples Bank is a state-chartered bank and trust company.
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