A Director at Arrow Financial Corp (AROW) is Selling Shares

Today, a Director at Arrow Financial Corp (AROW), Gary Dake, sold shares of AROW for $113.3K.

In addition to Gary Dake, 2 other AROW executives reported Sell trades in the last month.

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Based on Arrow Financial Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $34.12 million and quarterly net profit of $8.93 million. In comparison, last year the company earned revenue of $31.5 million and had a net profit of $9.73 million. AROW’s market cap is $475.4M and the company has a P/E ratio of 13.32. Currently, Arrow Financial Corp has an average volume of 8,439.

In the last 30 days, insiders have sold $172.5K worth of AROW shares and purchased $125K worth of AROW shares. The insider sentiment on Arrow Financial Corp has been neutral according to 43 insider trades in the past three months. This sentiment is slightly 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.

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