Today, the President & CEO of Financial Institutions Inc (NASDAQ: FISI), Martin Kearney Birmingham, bought shares of FISI for $47.93K.
This recent transaction increases Martin Kearney Birmingham’s holding in the company by 1.71% to a total of $2.86 million. In addition to Martin Kearney Birmingham, 2 other FISI executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Financial Institutions Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $45.22 million and quarterly net profit of $12.17 million. In comparison, last year the company earned revenue of $39.41 million and had a net profit of $6.25 million. FISI’s market cap is $511.2M and the company has a P/E ratio of 12.84. Currently, Financial Institutions Inc has an average volume of 132.6K.
Starting in June 2018, FISI received 4 Buy ratings in a row. Three different firms, including Piper Jaffray and Sandler O’Neill, currently also have a Buy rating on the stock.
The insider sentiment on Financial Institutions Inc has been positive according to 45 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Martin Kearney Birmingham’s trades have generated a 14.4% 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.
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.
Financial Institutions, Inc. is a holding company, which engages in the provision of financial services to individuals and businesses. It operates through the Banking and Non-Banking segments. The Banking segment includes retail and commercial banking operations.
