Peoples Utah Bancorp (PUB) Director Sells $52,836.00 in Stock
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.
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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.
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