Today, the SVP of Arrow Financial Corp (NASDAQ: AROW), David Demarco, sold shares of AROW for $150.8K.
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Based on Arrow Financial Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $29.29 million and quarterly net profit of $8.53 million. In comparison, last year the company earned revenue of $26.69 million and had a net profit of $6.63 million. AROW’s market cap is $525.4M and the company has a P/E ratio of 16.85. Currently, Arrow Financial Corp has an average volume of 98.
In the last 30 days, insiders have sold $150.8K worth of AROW shares and purchased $88.98K worth of AROW shares. The insider sentiment on Arrow Financial Corp has been neutral according to 47 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
David Demarco’s trades have generated a -3.3% 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.
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Arrow Financial Corp. is holding company, which through its subsidiaries, engages in the provision of banking and insurance services. It offers online and mobile banking, wealth management, money market and deposit accounts, mortgage, consumer and commercial loans, trust administration, retirement plan administration, advice to its proprietary mutual funds, and insurance products. The company was founded on March 21, 1983 and is headquartered in Glens Falls, NY.
