Peoples Financial Services Corp. (PFIS) Files Form 4 Insider Buying : Michael L Jake Buys 270 Shares

Peoples Financial Services Corp. (PFIS): Michael L Jake , EVP, Chief Risk Officer of Peoples Financial Services Corp. purchased 270 shares on Apr 11, 2016. The Insider buying transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $37.07 per share for a total value of $10,000.07 according the SEC Form 4 Filing.

Currently the company Insiders own 8.9% of Peoples Financial Services Corp shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 2.33%.Institutional Investors own 20.71% of Peoples Financial Services Corp shares.During last six month period, the net percent change held by insiders has seen a change of 2.33%.

Peoples Financial Services Corp: On Monday, Apr 11, 2016 heightened volatility was witnessed in Peoples Financial Services Corp which led to swings in the share price. The shares opened for trading at $36.734 and hit $37.14 on the upside , eventually ending the session at $36.61, with a gain of 1.36% or 0.49 points. The heightened volatility saw the trading volume jump to 4,471 shares. The 52-week high of the share price is $43.54 and the company has a market cap of $271 M . The 52-week low of the share price is at $32.7401.

Peoples Financial Services Corp Money Flow Index Chart

Peoples Financial Services Corp. (Peoples) is a bank holding company. The Company provides a range of financial services through its wholly owned subsidiary Peoples Security Bank and Trust Company (Peoples Bank) including its subsidiaries Peoples Advisors LLC and Penseco Realty Inc. Peoples Bank is a state-chartered bank and trust company. The Company’s primary products are loans to small- and medium-sized businesses. Other lending products include one-to-four family residential mortgages and consumer loans. It funds loans primarily by offering open time deposits to commercial enterprises and individuals. Its other deposit products include certificates of deposits and various demand deposit accounts. The Company services its retail and commercial customers through a network of around 26 full service community banking offices located within the Lackawanna Lehigh Luzerne Monroe Susquehanna Wayne and Wyoming Counties of Northeastern Pennsylvania and Broome County of New York.

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