Today, the EVP & CRO of Northwest Bancshares (NASDAQ: NWBI), Thomas J. Townsend, sold shares of NWBI for $193.2K.
In addition to Thomas J. Townsend, 9 other NWBI executives reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on Northwest Bancshares’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $117 million and quarterly net profit of $26.3 million. In comparison, last year the company earned revenue of $114 million and had a net profit of $30.98 million. NWBI’s market cap is $1.88B and the company has a P/E ratio of 19.37. Currently, Northwest Bancshares has an average volume of 212.7K.
Based on 3 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $17.25, reflecting a -5.3% downside.
In the last 30 days, insiders have sold $5.73M worth of NWBI shares and purchased $515.3K worth of NWBI shares. The insider sentiment on Northwest Bancshares has been negative according to 69 insider trades in the past three months. This sentiment is slightly lower 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.
Northwest Bancshares, Inc. is a holding company. It provides retail and business banking products as well as investment management and trust services. The company operates the through following segments: Community Banking and Consumer Finance.
