Investors Bancorp (NASDAQ:ISBC) has tumbled 2.58% during the past week and has dropped 3.16% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.41%. Investors Bancorp (NASDAQ:ISBC) has underperformed the index by 4.04% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Investors Bancorp (NASDAQ:ISBC): The stock opened at $11.34 on Friday but the bulls could not build on the opening and the stock topped out at $11.42 for the day. The stock traded down to $11.29 during the day, due to lack of any buying support eventually closed down at $11.34 with a loss of -0.18% for the day. The stock had closed at $11.36 on the previous day. The total traded volume was 4,635,592 shares.
The company shares have dropped -8.92% from its 1 Year high price. On Nov 9, 2015, the shares registered one year high at $13.13 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $11.66 and the 200 Day Moving Average price is recorded at $11.73.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Siekerka Michele N, director of Investors Bancorp, Inc., had unloaded 25,407 shares at an average price of $11.58 in a transaction dated on May 18, 2016. The total value of the transaction was worth $294,213.
Currently the company Insiders own 3.44% of Investors Bancorp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.91% . Institutional Investors own 77.35% of Investors Bancorp shares. During last six month period, the net percent change held by insiders has seen a change of -5.72%.