The Chairman of FNB Corp (FNB) is Buying Shares


Today, the Chairman of FNB Corp (NYSE: FNB), Stephen Gurgovits, bought shares of FNB for $55.03K.

In addition to Stephen Gurgovits, 7 other FNB executives reported Buy trades in the last month. Following Stephen Gurgovits’ last FNB Buy transaction on December 08, 2014, the stock climbed by 2.1%.

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Based on FNB Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $341 million and quarterly net profit of $86.76 million. In comparison, last year the company earned revenue of $250 million and had a net profit of $22.98 million. FNB’s market cap is $4.39B and the company has a P/E ratio of 17.40. Currently, FNB Corp has an average volume of 923.9K.

10 different firms, including B.Riley FBR and Boenning & Scattergood, 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 $14.67, reflecting a -7.5% downside.

The insider sentiment on FNB Corp has been positive according to 52 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Stephen Gurgovits’ trades have generated a 12.0% 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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F.N.B. Corp. is a financial holding company, which engages in the provision of commercial banking, consumer banking, and wealth management solutions through its subsidiaries. It operates through the following segments: Community Banking, Wealth Management, Insurance, and Consumer Finance.

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