Today, a Director at Fulton Financial Corp (NASDAQ: FULT), Ernest Waters, bought shares of FULT for $34.8K.
Following Ernest Waters’ last FULT Buy transaction on August 28, 2014, the stock climbed by 7.5%. This recent transaction increases Ernest Waters’ holding in the company by 9.55% to a total of $408.4K.
See today’s analyst top recommended stocks >>
Based on Fulton Financial Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $223 million and quarterly net profit of $49.48 million. In comparison, last year the company earned revenue of $207 million and had a net profit of $43.38 million. FULT’s market cap is $3.12B and the company has a P/E ratio of 17.62. Currently, Fulton Financial Corp has an average volume of 696K.
Four different firms, including B.Riley FBR and Boenning & Scattergood, currently also have a Buy rating on the stock. Based on 8 analyst ratings, the analyst consensus is Hold with an average price target of $18.42, reflecting a -3.6% downside.
In the last 30 days, insiders have sold $231.3K worth of FULT shares and purchased $34.8K worth of FULT shares. The insider sentiment on Fulton Financial Corp has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Fulton Financial Corp. is financial holding company, which through its subsidiaries, engages in the provision of consumer and commercial banking products and services. It offers checking account and savings deposit products, certificates of deposit and individual retirement accounts.
