Associated Banc-corp (ASB): Judith M Docter , Executive Vice President of Associated Banc-corp sold 8,000 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $18.84 per share for a total value of $150,714.41 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, John A. Utz (Executive Vice President) sold 3,000 shares at $18.05 per share price.On Apr 27, 2016, Timothy J Lau (Executive Vice President) sold 3,000 shares at $18.36 per share price.Also, On Mar 8, 2016, Richard T Lommen (director) sold 20,000 shares at $25.76 per share price.On Nov 25, 2015, Moral-niles Christopher Del (Chief Financial Officer) sold 3,947 shares at $20.61 per share price.
Associated Banc Corp: On Wednesday, May 25, 2016 heightened volatility was witnessed in Associated Banc Corp which led to swings in the share price. The shares opened for trading at $18.63 and hit $18.98 on the upside , eventually ending the session at $18.84, with a gain of 1.40% or 0.26 points. The heightened volatility saw the trading volume jump to 10,11,087 shares. The 52-week high of the share price is $20.95 and the company has a market cap of $2,829 M . The 52-week low of the share price is at $15.45.
On Apr 26, 2016, Associated Banc Corp announced a cash dividend of $0.1100. The company’s management has announced May 27, 2016 as the ex-dividend date and fixed the record date on Jun 1, 2016. The payable date has been fixed on Jun 15, 2016.
Company has been under the radar of several Street Analysts.Associated Banc Corp is Downgraded by Macquarie to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 1, 2016.
Associated Banc-Corp (Associated) is a bank holding company. The Company through its banking subsidiary Associated Bank National Association (Associated Bank) and various nonbanking subsidiaries provides a range of banking and non-banking products and services to individuals and businesses. The Company operates through three segments: Corporate and Commercial Specialty; Community Consumer and Business and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves a range of customers including businesses developers non-profits municipalities and financial institutions. The Community Consumer and Business segment serves individuals as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes Corporate Risk Management Credit Administration Finance Treasury Operations and Technology.