A Director at Iberiabank (IBKC) is Selling Shares


Today, a Director at Iberiabank (IBKC), Harry Barton, sold shares of IBKC for $507.2K.

Following Harry Barton’s last IBKC Sell transaction on November 17, 2014, the stock climbed by 14.3%.

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Based on Iberiabank’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $375 million and quarterly net profit of $99.2 million. In comparison, last year the company earned revenue of $311 million and had a net profit of $62.98 million. IBKC’s market cap is $4.14B and the company has a P/E ratio of 10.68. Currently, Iberiabank has an average volume of 355.3K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $90.17, reflecting a 18.8% upside.

The insider sentiment on Iberiabank has been positive according to 89 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Harry Barton’s trades have generated a 4.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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IBERIABANK Corp. operates as a financial holding company for Iberiabank, which engages in the provision of commercial, consumer, mortgage, and private banking products and services. The firm provides cash management and investment brokerage solutions.

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