Old National Bancorp /in/ (ONB) Files Form 4 Insider Buying : Niel C Ellerbrook Buys 15,000 Shares

Old National Bancorp /in/ (ONB): Niel C Ellerbrook , director of Old National Bancorp /in/ purchased 15,000 shares on May 5, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.68 per share for a total value of $190,200.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 16, 2015, Robert G Jones (CEO) purchased 286 shares at $13.84 per share price.On Oct 28, 2015, Randall T Shepard (director) purchased 1,000 shares at $14.24 per share price.Also, On Aug 25, 2015, Christopher A Wolking (CFO) purchased 200 shares at $13.75 per share price.On May 6, 2015, Daugherty Julie Williams (CHIEF ADMINISTRATIVE OFFICER) purchased 358 shares at $13.62 per share price.

Shares of Old National Bancorp (ONB) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.24% at $12.44 with 21,54,074 shares getting traded. Post opening the session at $12.35, the shares hit an intraday low of $12.29 and an intraday high of $12.51 and the price vacillated in this range throughout the day. The company has a market cap of $1,422 M and the number of outstanding shares has been calculated to be 11,43,13,000 shares. The 52-week high of Old National Bancorp is $15 and the 52-week low is $10.685.

Old National Bancorp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Old National Bancorp is Upgraded by Raymond James to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Mar 29, 2016.

Old National Bancorp (Old National) is a financial holding company. The Company through its wholly owned banking subsidiary provides a range of services including commercial and consumer loan and depository services private banking brokerage trust investment advisory and other traditional banking services. Through its non-bank affiliates it provides insurance brokerage services and other financial services. It operates in two segments: banking which consists of lending and depository activities along with cash management private banking brokerage trust and investment advisory services and insurance which offers full-service insurance brokerage services including commercial property and casualty surety loss control services employee benefits consulting and administration and personal insurance. Old National Bank provides a range of services including commercial and consumer loan and depository services lease financing and other traditional banking services.

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