The EXECUTIVE VICE PRESIDENT of Glacier Bancorp (NASDAQ: GBCI) is Selling Shares

By Carrie Williams

Today, the EXECUTIVE VICE PRESIDENT of Glacier Bancorp (NASDAQ: GBCI), Don Chery, sold shares of GBCI for $99.78K.

Following Don Chery’s last GBCI Sell transaction on August 11, 2016, the stock climbed by 5.3%. In addition to Don Chery, 2 other GBCI executives reported Sell trades in the last month.

Based on Glacier Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $114 million and quarterly net profit of $30.96 million. In comparison, last year the company earned revenue of $106 million and had a net profit of $29.61 million. The company has a one year high of $33.74 and a one year low of $21.90. GBCI’s market cap is $2.53B and the company has a P/E ratio of 21.00.

The insider sentiment on Glacier Bancorp has been positive according to 20 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Glacier Bancorp, Inc. operates as a bank holding company with interest in providing commercial banking services. The company through its subsidiaries offers banking products and services, including transaction and savings deposits, commercial, consumer, agriculture, real estate loans, mortgage origination services and retail brokerage services. It also offers full service brokerage services, including selling products, such as stocks, bonds, mutual funds, limited partnerships, annuities and other insurance products. The company serves individuals, small to medium-sized businesses, community organizations and public entities. Glacier Bancorp was founded in 2004 and is headquartered in Kalispell, MT.