Stock Yards Bancorp Inc (SYBT) Insider Kathy C. Thompson Sells 2,500 Shares of Stock
Stock Yards Bancorp Inc (NASDAQ:SYBT) insider Kathy C. Thompson sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $39.33, for a total transaction of $98,325.00. Following the sale, the insider now directly owns 39,940 shares in the company, valued at approximately $1,570,840.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Kathy C. Thompson also recently made the following trade(s):
- On Friday, October 27th, Kathy C. Thompson sold 2,284 shares of Stock Yards Bancorp stock. The stock was sold at an average price of $39.62, for a total transaction of $90,492.08.
Shares of Stock Yards Bancorp Inc (SYBT) opened at $39.70 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $892.10, a P/E ratio of 20.71 and a beta of 0.68. Stock Yards Bancorp Inc has a twelve month low of $31.90 and a twelve month high of $48.05.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Monday, December 11th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Friday, December 8th. This is a positive change from Stock Yards Bancorp’s previous quarterly dividend of $0.20. Stock Yards Bancorp’s dividend payout ratio is 44.21%.
Institutional investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA grew its stake in Stock Yards Bancorp by 784.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,095 shares of the bank’s stock worth $120,000 after buying an additional 2,745 shares in the last quarter. SG Americas Securities LLC purchased a new position in Stock Yards Bancorp in the 3rd quarter worth approximately $118,000. US Bancorp DE grew its stake in Stock Yards Bancorp by 1.2% in the 2nd quarter. US Bancorp DE now owns 3,973 shares of the bank’s stock worth $155,000 after buying an additional 47 shares in the last quarter. Victory Capital Management Inc. grew its stake in Stock Yards Bancorp by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 4,596 shares of the bank’s stock worth $179,000 after buying an additional 687 shares in the last quarter. Finally, Neuberger Berman Group LLC grew its stake in Stock Yards Bancorp by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,741 shares of the bank’s stock worth $223,000 after buying an additional 46 shares in the last quarter. 47.71% of the stock is currently owned by institutional investors and hedge funds.
SYBT has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Stock Yards Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. BidaskClub lowered shares of Stock Yards Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th.
TRADEMARK VIOLATION WARNING: “Stock Yards Bancorp Inc (SYBT) Insider Kathy C. Thompson Sells 2,500 Shares of Stock” was published by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & international trademark and copyright law. The original version of this piece of content can be read at https://www.watchlistnews.com/stock-yards-bancorp-inc-sybt-insider-kathy-c-thompson-sells-2500-shares-of-stock/1772600.html.
About Stock Yards Bancorp
Stock Yards Bancorp, Inc is the holding company for Stock Yards Bank & Trust Company (the Bank). The Bank is a state chartered bank. The Company operates through two segments: commercial banking, and wealth management and trust. The commercial banking segment provides a full range of loan and deposit products to individual consumers and businesses, plus origination of consumer mortgages and securities brokerage activity.
Receive News & Ratings for Stock Yards Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stock Yards Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.