Insider Selling: Camden National Corporation (CAC) EVP Sells $100,037.55 in Stock
Camden National Corporation (NASDAQ:CAC) EVP Joanne T. Campbell sold 2,271 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $44.05, for a total transaction of $100,037.55. Following the completion of the transaction, the executive vice president now owns 17,916 shares of the company’s stock, valued at approximately $789,199.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Camden National Corporation (CAC) opened at $45.48 on Friday. The company has a market cap of $705.67, a price-to-earnings ratio of 16.72 and a beta of 0.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.79 and a quick ratio of 0.79. Camden National Corporation has a 12 month low of $37.10 and a 12 month high of $47.41.
Several equities analysts have commented on the stock. Keefe, Bruyette & Woods downgraded shares of Camden National from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 1st. BidaskClub downgraded shares of Camden National from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th.
ILLEGAL ACTIVITY NOTICE: This piece was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/12/03/insider-selling-camden-national-corporation-cac-evp-sells-100037-55-in-stock.html.
About Camden National
Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and its subsidiary, Camden National Bank (the Bank), is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit and commercial customers.
Receive News & Stock Ratings for Camden National Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden National Corporation and related stocks with our FREE daily email newsletter.