A Major Shareholder at First Citizens BancShares, Inc. Class A (FCNCA) is Selling Shares


Today, a Major Shareholder at First Citizens BancShares, Inc. Class A (FCNCA), Claire Bristow, sold shares of FCNCA for $9.03M.

Following Claire Bristow’s last FCNCA Sell transaction on May 23, 2019, the stock climbed by 13.6%. In addition to Claire Bristow, 6 other FCNCA executives reported Sell trades in the last month.

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Based on First Citizens BancShares, Inc. Class A’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $440 million and quarterly net profit of $111 million. In comparison, last year the company earned revenue of $404 million and had a net profit of $93.29 million. FCNCA’s market cap is $5.16B and the company has a P/E ratio of 13.00. Currently, First Citizens BancShares, Inc. Class A has an average volume of 23.96K.

In the last 30 days, insiders have sold $18.06M worth of FCNCA shares and purchased $3.32M worth of FCNCA shares. The insider sentiment on First Citizens BancShares, Inc. Class A has been positive according to 60 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Claire Bristow’s trades have generated a 9.1% 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 Citizens BancShares, Inc. operates as a bank holding company, which engages in the provision of retail and commercial banking services. Its offers loan and deposit services. The loan services include commercial, business and consumer lending. The deposit services include checking, savings, money market and time deposit accounts.

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