Community Trust Bancorp (NASDAQ:CTBI) CFO Kevin Stumbo sold 3,750 shares of Community Trust Bancorp stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $42.18, for a total transaction of $158,175.00. Following the completion of the transaction, the chief financial officer now directly owns 6,265 shares in the company, valued at approximately $264,258. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
CTBI has been the subject of a number of recent research reports. Analysts at Thomson Reuters/Verus upgraded shares of Community Trust Bancorp from a “hold” rating to a “buy” rating in a research note to investors on Monday, October 7th. Analysts at Zacks upgraded shares of Community Trust Bancorp from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. They now have a $44.50 price target on the stock.
Shares of Community Trust Bancorp (NASDAQ:CTBI) traded down 1.59% on Monday, hitting $42.17. 83,681 shares of the company’s stock traded hands. Community Trust Bancorp has a 52 week low of $29.60 and a 52 week high of $43.54. The stock’s 50-day moving average is $39.58 and its 200-day moving average is $37.42. The company has a market cap of $657.6 million and a price-to-earnings ratio of 14.23.
Community Trust Bancorp, Inc (NASDAQ:CTBI) is a bank holding company.
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