Today, the CEO & President of HomeStreet (NASDAQ: HMST), Mark K. Mason, bought shares of HMST for $5,118.
In addition to Mark K. Mason, 6 other HMST executives reported Buy trades in the last month. This is Mason’s first Buy trade following 5 Sell transactions.
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The company has a one-year high of $32.60 and a one-year low of $24. HMST’s market cap is $687.8M and the company has a P/E ratio of 10.49. Currently, HomeStreet has an average volume of 181.2K.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $29.50, reflecting a -13.6% downside. Three different firms, including B.Riley FBR and D.A. Davidson, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $108.6K worth of HMST shares and purchased $359.3K worth of HMST shares. The insider sentiment on HomeStreet has been negative according to 97 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Mark K. Mason’s trades have generated a 15.4% 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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HomeStreet, Inc. is a holding company, which engages in the provision of financial services through HomeStreet Bank. It operates through the Commercial and Consumer Banking, and Mortgage Banking segments.
