Peoples Financial Services Corp. (PFIS) Files Form 4 Insider Buying : Michael L Jake Buys 266 Shares

Peoples Financial Services Corp. (PFIS): Michael L Jake , EVP, Chief Risk Officer of Peoples Financial Services Corp. purchased 266 shares on Jun 15, 2016. The Insider buying transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $37.58 per share for a total value of $9,999.14 , 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 25, 2016, William E Ii Aubrey (director) purchased 2,000 shares at $36.40 per share price.On Apr 13, 2016, Michael L Jake (EVP, Chief Risk Officer) purchased 270 shares at $37.07 per share price.Also, On Feb 29, 2016, Joseph T Jr Wright (director) purchased 91 shares at $34.50 per share price.On Feb 16, 2016, Scott A Seasock (CFO) purchased 425 shares at $34.55 per share price.

Peoples Financial Services Corp: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Peoples Financial Services Corp which led to swings in the share price. The shares opened for trading at $37.51 and hit $38.84 on the upside , eventually ending the session at $38.68, with a gain of 4.91% or 1.81 points. The heightened volatility saw the trading volume jump to 12,136 shares. The 52-week high of the share price is $42.68 and the company has a market cap of $286 M . The 52-week low of the share price is at $32.7401.

Peoples Financial Services Corp Money Flow Index Chart

Peoples Financial Services Corp. (Peoples) is a bank holding company. The Company provides a range of financial services through its wholly owned subsidiary Peoples Security Bank and Trust Company (Peoples Bank) including its subsidiaries Peoples Advisors LLC and Penseco Realty Inc. Peoples Bank is a state-chartered bank and trust company. The Company’s primary products are loans to small- and medium-sized businesses. Other lending products include one-to-four family residential mortgages and consumer loans. It funds loans primarily by offering open time deposits to commercial enterprises and individuals. Its other deposit products include certificates of deposits and various demand deposit accounts. The Company services its retail and commercial customers through a network of around 26 full service community banking offices located within the Lackawanna Lehigh Luzerne Monroe Susquehanna Wayne and Wyoming Counties of Northeastern Pennsylvania and Broome County of New York.

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