Today, the Chairman & CEO of Old National Bancorp Capital (NASDAQ: ONB), Robert G. Jones, bought shares of ONB for $652.2K.
This recent transaction increases Robert G. Jones’ holding in the company by 100%. In addition to Robert G. Jones, 7 other ONB executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Old National Bancorp Capital’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $190 million and quarterly net profit of $47.98 million. In comparison, last year the company earned revenue of $163 million and had a net profit of $35.99 million. ONB’s market cap is $2.62B and the company has a P/E ratio of 22.74. The company has a one-year high of $18.88 and a one-year low of $15.38.
Six different firms, including Boenning & Scattergood and FIG Partners, currently also have a Buy rating on the stock. Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $19.50, reflecting a -11.8% downside.
In the last 30 days, insiders have sold $855.1K worth of ONB shares and purchased $1.1M worth of ONB shares. The insider sentiment on Old National Bancorp Capital has been positive according to 147 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. 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.
Old National Bancorp is financial holding company, which engages in the provision of financial and banking solutions. It operates through the Banking and Insurance business segments.
