What Did This CEO Just Do with Personal Shares of First Commonwealth (FCF)?


Today, the President & CEO of First Commonwealth (NYSE: FCF), Michael T. Price, sold shares of FCF for $789K.

Following Michael T. Price’s last FCF Sell transaction on May 05, 2016, the stock climbed by 7.4%. This is Price’s first Sell trade following 6 Buy transactions.

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Based on First Commonwealth’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $87.62 million and quarterly net profit of $23.27 million. In comparison, last year the company earned revenue of $72.76 million and had a net profit of $15.89 million. FCF’s market cap is $1.54B and the company has a P/E ratio of 24.66. Currently, First Commonwealth has an average volume of 53.82K.

Michael T. Price’s trades have generated a 16.2% 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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First Commonwealth Financial Corp. is a financial holding company, whichprovides a diversified array of consumer and commercial banking services through its bank subsidiary, First Commonwealth Bank. It also offerstrust and wealth management services and offer insurance products through FCB and its other operating subsidiaries.

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