.jpg "Arrow Financial Corp (NASDAQ: AROW)")
Today, the SVP of Arrow Financial Corp, David Demarco, exercised options of Arrow Financial Corp (NASDAQ: AROW) for $88.98K.
This recent transaction increases David Demarco’s holding in the company by 16.62% to a total of $1.06 million. Following David Demarco’s last AROW Buy transaction on November 02, 2017, the stock climbed by 2.2%.
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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 $524.7M and the company has a P/E ratio of 16.92. Currently, Arrow Financial Corp has an average volume of 11.67K.
The insider sentiment on Arrow Financial Corp has been negative according to 48 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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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.
