Insider Selling: Peoples Utah Bancorp (NASDAQ:PUB) Director Sells $38,843.75 in Stock

Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 1,375 shares of the business’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $28.25, for a total transaction of $38,843.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Peoples Utah Bancorp stock opened at $28.69 on Friday. Peoples Utah Bancorp has a twelve month low of $25.18 and a twelve month high of $36.85. The company has a market capitalization of $536.60 million, a PE ratio of 13.41, a price-to-earnings-growth ratio of 1.57 and a beta of 0.63. The business has a fifty day simple moving average of $29.12.

Peoples Utah Bancorp (NASDAQ:PUB) last issued its quarterly earnings data on Thursday, April 25th. The bank reported $0.55 earnings per share for the quarter, hitting the consensus estimate of $0.55. The company had revenue of $30.24 million for the quarter, compared to analysts’ expectations of $30.94 million. Peoples Utah Bancorp had a net margin of 31.96% and a return on equity of 14.62%. As a group, research analysts forecast that Peoples Utah Bancorp will post 2.27 EPS for the current fiscal year.

Several analysts recently weighed in on PUB shares. ValuEngine cut shares of Zuora from a “buy” rating to a “hold” rating in a research note on Saturday, June 1st. FIG Partners reissued an “outperform” rating on shares of Sterling Bancorp in a research note on Monday, April 29th. Sandler O’Neill raised shares of Peoples Utah Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, March 28th. BidaskClub raised shares of Winmark from a “sell” rating to a “hold” rating in a research note on Tuesday, May 14th. Finally, Zacks Investment Research raised shares of Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Friday. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Peoples Utah Bancorp has a consensus rating of “Hold” and a consensus price target of $32.00.

Institutional investors and hedge funds have recently modified their holdings of the business. Advisor Group Inc. bought a new stake in Peoples Utah Bancorp during the fourth quarter valued at $45,000. Crewe Advisors LLC bought a new stake in Peoples Utah Bancorp during the first quarter valued at $53,000. Marshall Wace North America L.P. bought a new stake in Peoples Utah Bancorp during the first quarter valued at $58,000. Marshall Wace LLP bought a new stake in Peoples Utah Bancorp during the first quarter valued at $80,000. Finally, BNP Paribas Arbitrage SA boosted its position in Peoples Utah Bancorp by 107,166.7% during the first quarter. BNP Paribas Arbitrage SA now owns 3,218 shares of the bank’s stock valued at $85,000 after acquiring an additional 3,215 shares during the last quarter. 37.51% of the stock is currently owned by institutional investors and hedge funds.

About Peoples Utah Bancorp

People's Utah Bancorp operates as the bank holding company for People's Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.

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

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