Chemung Financial Corp (CHMG) Files Form 4 Insider Selling : Robert H Dalrymple Sells 754 Shares

Chemung Financial Corp (CHMG): Robert H Dalrymple , director of Chemung Financial Corp sold 754 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $28.69 per share for a total value of $21,632.26 , 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 4, 2016, G. Thomas Jr. Tranter (director) purchased 1,125 shares at $26.50 per share price.On Nov 24, 2015, Robert H Dalrymple (director) sold 700 shares at $27.31 per share price.Also, On Jul 30, 2015, Clover M Drinkwater (director) purchased 1,000 shares at $26.79 per share price.On Jul 29, 2015, Melinda A Sartori (Executive Vice President) sold 1,410 shares at $26.30 per share price.

Shares of Chemung Financial Corp. (CHMG) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.74 points or -2.41% at $30.01 with 23,559 shares getting traded. Post opening the session at $31.67, the shares hit an intraday low of $29.37 and an intraday high of $31.67 and the price vacillated in this range throughout the day. The company has a market cap of $140,867 M and the number of outstanding shares has been calculated to be 4,69,40,00,000 shares. The 52-week high of Chemung Financial Corp. is $30.75 and the 52-week low is $26.

Chemung Financial Corp. Money Flow Index Chart

Chemung Financial Corporation is a financial holding company of Chemung Canal Trust Company (the Bank) and a financial services subsidiary CFS Group Inc. The Company provides financial services such as insurance products mutual funds and brokerage services. The Company through its subsidiaries provides financial services including demand savings and time deposits commercial residential and consumer loans letters of credit wealth management services employee benefit plans securities insurance brokerage services brokerage services insurance and tax preparation services. The Company operates through two segments: core banking and wealth management services. The core banking segment attracts deposits from the general public and using such funds to originate consumer commercial commercial real estate and residential mortgage loans. The wealth management group services segment provides revenues by providing trust and investment advisory services to clients.

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