Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 1,700 shares of Peoples Utah Bancorp stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $31.08, for a total transaction of $52,836.00. Following the completion of the transaction, the director now owns 77,476 shares of the company’s stock, valued at approximately $2,407,954.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Peoples Utah Bancorp (NASDAQ PUB) traded up $1.75 during trading hours on Friday, hitting $32.35. 72,673 shares of the stock were exchanged, compared to its average volume of 18,663. Peoples Utah Bancorp has a 52 week low of $23.95 and a 52 week high of $33.60. The company has a market capitalization of $583.14, a PE ratio of 22.47, a P/E/G ratio of 2.82 and a beta of 0.98.

A number of research analysts have recently issued reports on the stock. ValuEngine cut shares of Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. BidaskClub cut shares of Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Zacks Investment Research cut shares of Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st.

Several large investors have recently bought and sold shares of the company. Davis Capital Partners LLC raised its stake in shares of Peoples Utah Bancorp by 68.7% in the third quarter. Davis Capital Partners LLC now owns 411,307 shares of the bank’s stock valued at $13,346,000 after acquiring an additional 167,536 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Peoples Utah Bancorp by 29.6% in the third quarter. Dimensional Fund Advisors LP now owns 168,105 shares of the bank’s stock valued at $5,455,000 after acquiring an additional 38,397 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Peoples Utah Bancorp by 15.9% in the third quarter. Wells Fargo & Company MN now owns 14,917 shares of the bank’s stock valued at $408,000 after acquiring an additional 2,047 shares during the last quarter. Wasatch Advisors Inc. raised its stake in shares of Peoples Utah Bancorp by 5.2% in the third quarter. Wasatch Advisors Inc. now owns 250,954 shares of the bank’s stock valued at $8,143,000 after acquiring an additional 12,324 shares during the last quarter. Finally, Macquarie Group Ltd. bought a new position in shares of Peoples Utah Bancorp in the third quarter valued at approximately $182,000. Institutional investors own 31.82% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece of content was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/12/17/peoples-utah-bancorp-pub-director-sells-52836-00-in-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.

Insider Buying and Selling by Quarter for Peoples Utah Bancorp (NASDAQ:PUB)

Receive News & Stock 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 stocks with our FREE daily email newsletter.