Investar Holding Corp (ISTR) was Initiated by Raymond James to “Outperform”. Raymond James advised their investors in a research report released on Aug 26, 2016.
Investar Holding Corp closed down -0.02 points or -0.13% at $15.24 with 644 shares getting traded on Tuesday. Post opening the session at $15.26, the shares hit an intraday low of $15.24 and an intraday high of $15.26 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
In a different news, on Aug 16, 2016, Andrew C Nelson (director) purchased 1,800 shares at $15.15 per share price. According to the SEC, on Jun 17, 2016, Gordon H Iii Joffrion (director) purchased 400 shares at $15.43 per share price. On May 26, 2016, Christopher L Hufft (CFO) purchased 1,000 shares at $15.35 per share price, according to the Form-4 filing with the securities and exchange commission.
Investar Holding Corporation is a financial holding company. The Company offers a range of commercial and retail lending products throughout its market areas including business loans to small to medium-sized businesses as well as loans to individuals The Company serves its primary markets of Baton Rouge New Orleans Lafayette and Hammond and Louisiana from its office located in Baton Rouge and from ten additional service branches. The Company’s business lending products include owner-occupied commercial real estate loans construction loans and commercial and industrial loans such as term loans equipment financing and lines of credit while its loans to individuals include first and second mortgage loans installment loans auto loans and lines of credit. As of December 31 2014 the Company had total assets of $879.4 million net loans excluding loans held for sale of $618.2 million total deposits of $628.1 million and stockholders’ equity of $103.4 million.