Investors Bancorp, Inc. (ISBC) Files Form 4 Insider Selling : Paul Kalamaras Sells 182,000 Shares

Investors Bancorp, Inc. (ISBC): Paul Kalamaras , Exec VP of Investors Bancorp, Inc. sold 182,000 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $11.98 per share for a total value of $2,174,065.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 7, 2016, Domenick A Cama (Sr Exec VP & COO) sold 920,000 shares at $12.10 per share price.On Sep 6, 2016, Kevin Cummings (President and CEO) sold 997,499 shares at $12.13 per share price.Also, On Sep 1, 2016, Brian D Dittenhafer (director) sold 124,529 shares at $12.27 per share price.On Aug 31, 2016, Doreen R Byrnes (director) sold 20,000 shares at $12.01 per share price.

Investors Bancorp: On Monday, Sep 12, 2016 heightened volatility was witnessed in Investors Bancorp which led to swings in the share price. The shares opened for trading at $12.04 and hit $12.1 on the upside , eventually ending the session at $12.1, with a gain of 0.25% or 0.03 points. The heightened volatility saw the trading volume jump to 3,675,457 shares. The 52-week high of the share price is $13.13 and the company has a market cap of $3,756 M . The 52-week low of the share price is at $10.67.

Investors Bancorp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Investors Bancorp is Upgraded by Piper Jaffray to Overweight. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Aug 19, 2016.

Leave a Reply

Investors Bancorp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Investors Bancorp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.