The SEVP of Iberiabank is Exercising Options


Today it was reported that the SEVP of Iberiabank (IBKC), Elizabeth Ardoin, exercised options to sell 4,300 IBKC shares at $54.43 a share, for a total transaction value of $335.2K.

In addition to Elizabeth Ardoin, 2 other IBKC executives reported Sell trades in the last month.

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Based on Iberiabank’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $395 million and quarterly net profit of $101 million. In comparison, last year the company earned revenue of $356 million and had a net profit of $74.36 million. IBKC’s market cap is $4.25B and the company has a P/E ratio of 10.19. Currently, Iberiabank has an average volume of 105.7K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $87.00, reflecting a 12.3% upside.

The insider sentiment on Iberiabank has been negative according to 90 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Elizabeth Ardoin’s trades have generated a 0.9% 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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IBERIABANK Corp. operates as a financial holding company for Iberiabank, which engages in the provision of commercial, consumer, mortgage, and private banking products and services. The firm provides cash management and investment brokerage solutions.

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