Today it was reported that the EVP & GC of First Horizon (FHN), Charles Tuggle, exercised options to sell 52,680 FHN shares at $10.82 a share, for a total transaction value of $785K.
Following Charles Tuggle’s last FHN Sell transaction on August 30, 2016, the stock climbed by 0.6%.
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Based on First Horizon’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $542 million and quarterly net profit of $101 million. In comparison, last year the company earned revenue of $499 million and had a net profit of $92.17 million. FHN’s market cap is $4.72B and the company has a P/E ratio of 8.85. Currently, First Horizon has an average volume of 2M.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $15.50, reflecting a 2.6% upside.
Charles Tuggle’s trades have generated a -15.4% 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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First Horizon National Corp. operates as a financial holding company, which offers checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through four segments: Regional Banking, Fixed Income, Corporate, and Non-strategic.
