Today, the DEPUTY CHIEF CREDIT OFFICER of Iberiabank (IBKC), Haddon Spurgeon Mackie, sold shares of IBKC for $74.81K.
In addition to Haddon Spurgeon Mackie, 2 other IBKC executives reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on Iberiabank’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $331 million and quarterly net profit of $129 million. In comparison, last year the company earned revenue of $324 million and had a net profit of $10.12 million. IBKC’s market cap is $4.07B and the company has a P/E ratio of 11.50. Currently, Iberiabank has an average volume of 157.1K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $90.33, reflecting a 21.5% upside.
In the last 30 days, insiders have sold $592.8K worth of IBKC shares and purchased $189K worth of IBKC shares. The insider sentiment on Iberiabank has been neutral according to 111 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Haddon Spurgeon Mackie’s trades have generated a -7.0% 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.
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.
IBERIABANK Corp. operates as a financial holding company for Iberiabank, which engages in the provision of commercial, consumer, mortgage, and private banking products and services. The firm provides cash management and investment brokerage solutions.
