Today, the Sr. EVP & Chief Technology Off of Huntington Bancshares Inc (NASDAQ: HBAN), Paul Heller, sold shares of HBAN for $431.7K.
Following Paul Heller’s last HBAN Sell transaction on May 10, 2017, the stock climbed by 2.6%. In addition to Paul Heller, one other HBAN executive reported Sell trades in the last month.
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Based on Huntington Bancshares Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.22 billion and quarterly net profit of $326 million. In comparison, last year the company earned revenue of $1.13 billion and had a net profit of $208 million. HBAN’s market cap is $16.66B and the company has a P/E ratio of 13.69. Currently, Huntington Bancshares Inc has an average volume of 8.42M.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $18.00, reflecting a -15.4% downside. Four different firms, including Barclays and Merrill Lynch, currently also have a Sell rating on the stock.
The insider sentiment on Huntington Bancshares Inc has been negative according to 119 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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Huntington Bancshares, Inc. operates as a bank holding company. It provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.
