First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) insider Eric S. Mcrae sold 1,200 shares of the company’s stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $33.10, for a total transaction of $39,720.00. Following the sale, the insider now owns 10,563 shares of the company’s stock, valued at $349,635.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) traded down 0.85% during midday trading on Thursday, reaching $32.77. 9,972 shares of the company were exchanged. The company has a 50-day moving average of $32.30 and a 200 day moving average of $28.83. First Mid-Illinois Bancshares, Inc. has a 52 week low of $22.95 and a 52 week high of $36.80. The firm has a market capitalization of $408.64 million, a PE ratio of 15.99 and a beta of -0.13.

Insider Buying and Selling by Quarter for First Mid-Illinois Bancshares (NASDAQ:FMBH)

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FMBH has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of First Mid-Illinois Bancshares from a “hold” rating to a “sell” rating in a report on Tuesday, November 1st. Stephens lowered shares of First Mid-Illinois Bancshares from an “overweight” rating to an “equal weight” rating in a report on Wednesday, December 21st.

A number of large investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can acquired a new stake in First Mid-Illinois Bancshares during the third quarter worth about $773,000. California Public Employees Retirement System increased its stake in First Mid-Illinois Bancshares by 15.6% in the third quarter. California Public Employees Retirement System now owns 10,402 shares of the company’s stock worth $284,000 after buying an additional 1,402 shares during the last quarter. Wells Fargo & Company MN increased its stake in First Mid-Illinois Bancshares by 31.1% in the third quarter. Wells Fargo & Company MN now owns 20,177 shares of the company’s stock worth $550,000 after buying an additional 4,789 shares during the last quarter. Spark Investment Management LLC acquired a new stake in First Mid-Illinois Bancshares during the third quarter worth about $202,000. Finally, Context BH Capital Management LP acquired a new stake in First Mid-Illinois Bancshares during the third quarter worth about $1,240,000. 15.78% of the stock is currently owned by institutional investors.

About First Mid-Illinois Bancshares

First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its subsidiary, First Mid-Illinois Bank & Trust, N.A. (First Mid Bank). It provides data processing services to affiliates through its subsidiary, Mid-Illinois Data Services, Inc It offers insurance products and services to customers through its subsidiary, The Checkley Agency, Inc, doing business as, First Mid Insurance Group (First Mid Insurance).

5 Day Chart for NASDAQ:FMBH

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