Bank Mutual Corp (BKMU) Files Form 4 Insider Selling : Mark C Herr Sells 2,500 Shares

Bank Mutual Corp (BKMU): Mark C Herr , director of Bank Mutual Corp sold 2,500 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $8.17 per share for a total value of $20,418.00 , 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 25, 2016, Michael W Dosland (Senior Vice President-CFO) sold 9,400 shares at $7.38 per share price.On Sep 10, 2015, Gregory A Larson (Senior VP of Bank Mutual) purchased 800 shares at $7.14 per share price.Also, On Aug 26, 2015, Richard Allen Brown (director) purchased 500 shares at $6.80 per share price.On Aug 25, 2015, Patrick W. Lawton (Senior VP of Bank Mutual) sold 500 shares at $7.15 per share price.

Bank Mutual Corporation: On Wednesday, May 4, 2016 heightened volatility was witnessed in Bank Mutual Corporation which led to swings in the share price. The shares opened for trading at $8.0299 and hit $8.1 on the upside , eventually ending the session at $8.08, with a gain of 0.62% or 0.05 points. The heightened volatility saw the trading volume jump to 3,21,654 shares. The 52-week high of the share price is $8.495 and the company has a market cap of $368 M . The 52-week low of the share price is at $6.44.

Bank Mutual Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Bank Mutual Corporation is Initiated by Keefe Bruyette to Mkt Perform and the brokerage firm has set the Price Target at $8. The Rating was issued on Apr 8, 2016.

Bank Mutual Corporation is a savings and loan holding company. The Company owns 100% of the common stock of Bank Mutual (the Bank). The Bank is engaged in the business of community banking which includes attracting deposits from and making loans to the general public and private businesses as well as governmental and non-profit entities. In addition to deposits the Bank obtains funds through borrowings from the Federal Home Loan Bank (FHLB) of Chicago. These funding sources are used to originate loans including commercial and industrial loans multi-family residential loans non-residential commercial real estate loans one- to four-family loans home equity loans and other consumer loans. From time-to-time the Bank also purchases and/or participates in loans from third-party financial institutions and is an active seller of residential loans in the secondary market. It also invests in mortgage-related and other investment securities.

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