Today, a Major Shareholder at First Interstate Bancsystem (FIBK), Homer Scott, sold shares of FIBK for $501.2K.
In addition to Homer Scott, 2 other FIBK executives reported Sell trades in the last month.
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Based on First Interstate Bancsystem’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $157 million and quarterly net profit of $41.4 million. In comparison, last year the company earned revenue of $147 million and had a net profit of $27.26 million. FIBK’s market cap is $2.62B and the company has a P/E ratio of 15.94. Currently, First Interstate Bancsystem has an average volume of 61.41K.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $49.75, reflecting a 15.8% upside.
In the last 30 days, insiders have sold $792.8K worth of FIBK shares and purchased $40.74K worth of FIBK shares. The insider sentiment on First Interstate Bancsystem has been negative according to 85 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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First Interstate BancSystem, Inc. (Montana) is a holding company, which engages in the provision of commercial and consumer banking services. It also offers internet, mobile, and financial services. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.
