Old National Bancorp /in/ (ONB) Files Form 4 Insider Selling : Christopher A Wolking Sells 3,000 Shares

Old National Bancorp /in/ (ONB): Christopher A Wolking , SEVP – CFO of Old National Bancorp /in/ sold 3,000 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $13.17 per share for a total value of $39,510.30 , 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 16, 2016, Randall T Shepard (director) purchased 1,000 shares at $12.28 per share price.On May 9, 2016, Niel C Ellerbrook (director) purchased 15,000 shares at $12.68 per share price.Also, On Dec 16, 2015, Robert G Jones (CEO) purchased 286 shares at $13.84 per share price.On Aug 25, 2015, Christopher A Wolking (CFO) purchased 200 shares at $13.75 per share price.

Old National Bancorp: On Friday, May 27, 2016 heightened volatility was witnessed in Old National Bancorp which led to swings in the share price. The shares opened for trading at $12.98 and hit $13.12 on the upside , eventually ending the session at $13.1, with a gain of 0.15% or 0.02 points. The heightened volatility saw the trading volume jump to 6,92,149 shares. The 52-week high of the share price is $15 and the company has a market cap of $1,498 M . The 52-week low of the share price is at $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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