First Interstate Bancsystem Inc (FIBK) Files Form 4 Insider Buying : Kevin P Riley Buys 1,200 Shares

First Interstate Bancsystem Inc (FIBK): Kevin P Riley , CEO of First Interstate Bancsystem Inc purchased 1,200 shares on Apr 28, 2016. The Insider buying transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $27.50 per share for a total value of $32,996.64 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 17, 2016, Jonathan R Scott (director) sold 6,484 shares at $28.94 per share price.On Nov 17, 2015, Theodore H Williams (director) purchased 28 shares at $29.12 per share price.Also, On Sep 1, 2015, Michael G. Huston (Ex. VP & Chief Banking Officer) sold 800 shares at $26.51 per share price.On Aug 26, 2015, Kevin Guenthner (SVP & Chief Infor. Officer) sold 1,250 shares at $26.18 per share price.

Shares of First Interstate Bancsystem Inc (FIBK) ended Wednesday, Apr 27, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -0.89% at $27.95 with 1,93,997 shares getting traded. Post opening the session at $27.59, the shares hit an intraday low of $27.56 and an intraday high of $28.18 and the price vacillated in this range throughout the day. The company has a market cap of $1,264 M and the number of outstanding shares has been calculated to be 4,52,40,424 shares. The 52-week high of First Interstate Bancsystem Inc is $31.25 and the 52-week low is $24.9201.

First Interstate Bancsystem Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.First Interstate Bancsystem Inc is Downgraded by Keefe Bruyette to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 27, 2016.First Interstate Bancsystem Inc is Upgraded by FIG Partners to Outperform. Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Feb 9, 2016.

First Interstate BancSystem Inc. is a financial and bank holding company. The Company through its wholly owned bank subsidiary First Interstate Bank delivers a range of banking products and services to individuals businesses municipalities and other entities. The Company also offers internet and mobile banking services. In addition to its primary emphasis on commercial and consumer banking services the Company also offers trust employee benefit investment and insurance services through its bank subsidiary. The Company’s loan portfolio consists of short and long-term real estate consumer commercial agricultural and other loans. The Company offers depository products including checking savings and time deposits. It also offers repurchase agreements primarily to commercial and municipal depositors.

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