The President & CEO of First Interstate Bancsystem (FIBK) is Buying Shares


Today, the President & CEO of First Interstate Bancsystem (NASDAQ: FIBK), Kevin P. Riley, bought shares of FIBK for $40.74K.

Following Kevin P. Riley’s last FIBK Buy transaction on February 07, 2018, the stock climbed by 1.8%. This recent transaction increases Kevin P. Riley’s holding in the company by 2.05% to a total of $2.73 million.

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FIBK’s market cap is $2.53B and the company has a P/E ratio of 15.37. Currently, First Interstate Bancsystem has an average volume of 27.75K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $51.00, reflecting a 21.7% upside.

In the last 30 days, insiders have sold $291.6K worth of FIBK shares and purchased $40.74K worth of FIBK shares. The insider sentiment on First Interstate Bancsystem has been negative according to 88 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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First Interstate BancSystem, Inc. (Montana) is a holding company, which engages in the provision of commercial and consumer banking services. It also offers internet, mobile, and financial services. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

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