Heartland Financial Usa Inc (HTLF) Files Form 4 Insider Selling : Kurt Saylor Sells 115,317 Shares

Heartland Financial Usa Inc (HTLF): Kurt Saylor , director of Heartland Financial Usa Inc sold 115,317 shares on May 2, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $34.56 per share for a total value of $3,993,132.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 15, 2016, Kurt Saylor (director) sold 115,317 shares at $34.56 per share price.On Nov 16, 2015, Kenneth J Erickson (EVP, Chief Credit Officer) sold 5,000 shares at $38.79 per share price.Also, On May 6, 2015, Lynn B Fuller (CEO) purchased 26,900 shares at $33.83 per share price.On Mar 3, 2015, John W Jr Cox (director) sold 5,231 shares at $27.57 per share price.

Shares of Heartland Financial USA Inc (HTLF) ended Tuesday, Jun 14, 2016 session in red amid volatile trading. The shares closed down -0.59 points or -1.69% at $34.3 with 85,320 shares getting traded. Post opening the session at $34.7, the shares hit an intraday low of $33.62 and an intraday high of $35.06 and the price vacillated in this range throughout the day. The company has a market cap of $841 M and the number of outstanding shares has been calculated to be 2,45,21,747 shares. The 52-week high of Heartland Financial USA Inc is $39.45 and the 52-week low is $25.95.

Heartland Financial USA Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Heartland Financial USA Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $30 .The Rating was issued on Apr 26, 2016.

Heartland Financial USA Inc. (Heartland) is a multi-bank holding company. The Company operates through two business segments community and other banking and retail mortgage banking. The community and other banking segment involve making loans to and generating deposits from individuals and businesses in the markets where Heartland has banks. The retail mortgage banking segment involves the origination of residential loans and subsequent sale of those loans to investors. The Company conducts its community banking business through independently chartered community banks (collectively the Bank Subsidiaries) in the states of Iowa Illinois Wisconsin New Mexico Arizona Montana Colorado Minnesota Missouri and Kansas. The Bank Subsidiaries provides banking services such as commercial banking small business banking agricultural loans residential real estate mortgage lending retail banking consumer finance and wealth management and retirement plan services.

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