Today it was reported that a Director at Community Bank System (CBU – Research Report), Sally Steele, exercised options to sell 3,631 CBU shares at $37.77 a share, for a total transaction value of $245.6K.
Following Sally Steele’s last CBU Sell transaction on November 22, 2016, the stock climbed by 15.3%. In addition to Sally Steele, 4 other CBU executives reported Sell trades in the last month.
Based on Community Bank System’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $156 million and quarterly net profit of $39.12 million. In comparison, last year the company earned revenue of $146 million and had a net profit of $42.92 million. The company has a one-year high of $69.50 and a one-year low of $54.46. CBU’s market cap is $3.49B and the company has a P/E ratio of 21.14.
In the last 30 days, insiders have sold $953.5K worth of CBU shares and purchased $38.41K worth of CBU shares. The insider sentiment on Community Bank System has been neutral according to 42 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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Community Bank System, Inc. is a financial holding company, which engages in the provision of retail, business, and municipal banking services. It operates through the following three segments: Banking, Employee Benefit Services, and All Other.