Today, the President of United Bankshares (UBSI), Richard M. Adams, sold shares of UBSI for $561.4K.
This is Adams’ first Sell trade following 8 Buy transactions. Following Richard M. Adams’ last UBSI Sell transaction on October 30, 2017, the stock climbed by 4.3%.
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Based on United Bankshares’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $219 million and quarterly net profit of $63.83 million. In comparison, last year the company earned revenue of $215 million and had a net profit of $17.95 million. UBSI’s market cap is $3.94B and the company has a P/E ratio of 15.64. Currently, United Bankshares has an average volume of 308.1K.
The insider sentiment on United Bankshares has been positive according to 43 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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United Bankshares, Inc. engages in the provision of commercial and retail banking services and products. It offers community banking services such as asset management, real property title insurance, investment banking, financial planning, and brokerage services, through bank and nonbank subsidiaries.
