Yesterday it was reported that the COB, Pres & CEO of US Bancorp (USB), Andrew Cecere, exercised options to sell 165,564 USB shares at $28.70 a share, for a total transaction value of $9.74M.
Following Andrew Cecere’s last USB Sell transaction on January 27, 2017, the stock climbed by 10.0%. In addition to Andrew Cecere, 2 other USB executives reported Sell trades in the last month.
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The company has a one-year high of $59.71 and a one-year low of $43.14. USB’s market cap is $92.29B and the company has a P/E ratio of 13.70.
USB is a controversial stock, with 3 analysts recommending Buy, while 3 recommends selling the stock. Three different firms, including Merrill Lynch and Citigroup, currently also have a Sell rating on the stock.
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U.S. Bancorp operates as a bank holding company. It offers financial services, including lending and depository services, cash management, foreign exchange and trust and investment management.
