Cass Information Systems Inc (CASS) Files Form 4 Insider Selling : Robert J Mathias Sells 891 Shares

Cass Information Systems Inc (CASS): Robert J Mathias , President, Cass Bank of Cass Information Systems Inc sold 891 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $51.25 per share for a total value of $45,663.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 14, 2016, Robert J Mathias (President, Cass Bank) sold 891 shares at $51.25 per share price.On Dec 8, 2015, Eric H Brunngraber (President, CEO) sold 1,300 shares at $53.00 per share price.Also, On Dec 2, 2015, Gary B Langfitt (COO Utilities) sold 850 shares at $53.75 per share price.On Oct 29, 2015, Wayne J Grace (director) sold 222 shares at $52.95 per share price.

Cass Information Systems: On Friday, Jun 10, 2016 heightened volatility was witnessed in Cass Information Systems which led to swings in the share price. The shares opened for trading at $49.55 and hit $52.76 on the upside , eventually ending the session at $50.98, with a gain of 2.33% or 1.16 points. The heightened volatility saw the trading volume jump to 67,062 shares. The 52-week high of the share price is $59.094 and the company has a market cap of $573 M . The 52-week low of the share price is at $43.78.

Cass Information Systems Money Flow Index Chart

Cass Information Systems Inc. (Cass) is a provider of payment and information processing services. The Company provides transportation invoice rating payment processing auditing accounting and transportation information. It is also a processor and payer of energy invoices including electricity gas waste and other facility related expenses. The Company operates in two segments: Information Services and Banking Services. The Information Services segment provides transportation energy telecommunication and environmental invoice processing and payment services to large corporations. The Banking Services segment provides banking services primarily to privately held businesses and churches and church-related ministries. The Company through its wholly owned bank subsidiary Cass Commercial Bank also provides commercial banking services.

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