The EVP of Zions Bancorporation National Association is Exercising Options

Today it was reported that the EVP of Zions Bancorporation National Association (ZION), David Blackford, exercised options to sell 4,118 ZION shares at $20.99 a share, for a total transaction value of $209.4K.

In addition to David Blackford, 6 other ZION executives reported Sell trades in the last month. Following David Blackford’s last ZION Sell transaction on February 14, 2019, the stock climbed by 2.0%.

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Based on Zions Bancorporation National Association’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $796 million and quarterly net profit of $226 million. In comparison, last year the company earned revenue of $701 million and had a net profit of $124 million. ZION’s market cap is $9.55B and the company has a P/E ratio of 12.36. Currently, Zions Bancorporation National Association has an average volume of 1.6M.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $54.29, reflecting a 6.6% upside.

In the last 30 days, insiders have sold $1.31M worth of ZION shares and purchased $83.27K worth of ZION shares. The insider sentiment on Zions Bancorporation National Association has been negative according to 163 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Zions Bancorporation NA is a bank holding company, which engages in the provision of full banking and related services. It operates through the following segments: Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington.