First Interstate Bancsystem Inc (FIBK): Jonathan R Scott , director of First Interstate Bancsystem Inc sold 2,000 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $28.25 per share for a total value of $56,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 2, 2016, Kevin P Riley (CEO) purchased 1,200 shares at $27.50 per share price.On Feb 17, 2016, Jonathan R Scott (director) sold 6,484 shares at $28.94 per share price.Also, On Nov 17, 2015, Theodore H Williams (director) purchased 28 shares at $29.12 per share price.On Sep 1, 2015, Michael G. Huston (Ex. VP & Chief Banking Officer) sold 800 shares at $26.51 per share price.
First Interstate Bancsystem Inc: On Friday, May 20, 2016 heightened volatility was witnessed in First Interstate Bancsystem Inc which led to swings in the share price. The shares opened for trading at $27.69 and hit $28.1 on the upside , eventually ending the session at $27.87, with a gain of 1.24% or 0.34 points. The heightened volatility saw the trading volume jump to 70,603 shares. The 52-week high of the share price is $31.25 and the company has a market cap of $585,465 M . The 52-week low of the share price is at $24.9201.
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 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 Companys 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.