.png "Zions Bancorp (NASDAQ: ZION)")
Today, a Director at Zions Bancorp (NASDAQ: ZION), Jerry Atkin, bought shares of ZION for $334.2K.
This recent transaction increases Jerry Atkin’s holding in the company by 10.91% to a total of $3.39 million. In addition to Jerry Atkin, 3 other ZION executives reported Buy trades in the last month.
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Based on Zions Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $767 million and quarterly net profit of $223 million. In comparison, last year the company earned revenue of $696 million and had a net profit of $160 million. ZION’s market cap is $9.14B and the company has a P/E ratio of 13.56. Currently, Zions Bancorp has an average volume of 2.39M.
Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $56.80, reflecting a 17.9% upside. Six different firms, including Vining Sparks and Sandler O’Neill, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $808.1K worth of ZION shares and purchased $334.7K worth of ZION shares. The insider sentiment on Zions Bancorp has been negative according to 161 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Zions Bancorporation NA is a bank holding company, which engages in the provision of full banking and related services. It operates through the following segments: Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington.
