Financial Institutions Inc (FISI) Files Form 4 Insider Selling : Jeffrey Patrick Kenefick Sells 4,096 Shares

Financial Institutions Inc (FISI): Jeffrey Patrick Kenefick , Executive Vice President of Financial Institutions Inc sold 4,096 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $27.52 per share for a total value of $112,719.80 , 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 13, 2016, David G Case (Senior Vice President) sold 1,000 shares at $27.39 per share price.On May 10, 2016, Charles J Guarino (Senior Vice President) purchased 500 shares at $27.14 per share price.Also, On May 2, 2016, Karl Valentine Jr Anderson (director) sold 1,410 shares at $28.44 per share price.On Feb 29, 2016, Robert M Glaser (director) purchased 2,000 shares at $26.70 per share price.

Shares of Financial Institutions (FISI) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.24 points or -0.86% at $27.53 with 20,539 shares getting traded. Post opening the session at $27.59, the shares hit an intraday low of $27.2 and an intraday high of $27.7399 and the price vacillated in this range throughout the day. The company has a market cap of $399 M and the number of outstanding shares has been calculated to be 1,44,98,014 shares. The 52-week high of Financial Institutions is $29.53 and the 52-week low is $23.3401.

Financial Institutions Money Flow Index Chart

Financial Institutions Inc. (FII) is a financial holding company. The Company provides an array of deposit lending and other financial services to individuals municipalities and businesses in Western and Central New York through its wholly owned New York chartered banking subsidiary Five Star Bank (the Bank). The Company operates through two segments: banking which includes all of the Company’s retail and commercial banking operations; and insurance which includes the activities of Scott Danahy Naylon LLC a full service insurance agency that provides a range of insurance services to both personal and business clients. The Company offers a range of loans including commercial business and revolving lines of credit commercial mortgages equipment loans residential mortgage loans and home equity loans and lines of credit home improvement loans automobile loans and personal loans.

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