Today, the CEVP and Chief Risk Officer of SunTrust Banks (NYSE: STI), Jerome Lienhard, sold shares of STI for $604.3K.
In addition to Jerome Lienhard, one other STI executive reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on SunTrust Banks’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.49 billion and quarterly net profit of $643 million. In comparison, last year the company earned revenue of $2.38 billion and had a net profit of $468 million. STI’s market cap is $32.38B and the company has a P/E ratio of 14.18. Currently, SunTrust Banks has an average volume of 1.77M.
Eight different firms, including Barclays and Credit Suisse, currently also have a Sell rating on the stock. Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $77.00, reflecting a -10.0% downside.
In the last 30 days, insiders have sold $604.3K worth of STI shares and purchased $395.8K worth of STI shares. The insider sentiment on SunTrust Banks has been neutral according to 70 insider trades in the past three months. This sentiment is higher 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.
SunTrust Banks, Inc. is a bank and financial holding company that engages in the provision of financial services. It offers deposit, credit, mortgage banking, trust and investment, asset management, securities brokerage, and capital market services. It operates through the following segments: Consumer, Wholesale, and Corporate Other.
