The CFO of Investar Holding is Exercising Options

By Carrie Williams

Today it was reported that the CFO of Investar Holding (ISTRResearch Report), Christopher Hufft, exercised options to sell 1,250 ISTR shares at $14.00 a share, for a total transaction value of $29.43K.

Following Christopher Hufft’s last ISTR Sell transaction on November 07, 2017, the stock climbed by 0.7%. In addition to Christopher Hufft, one other ISTR executive reported Sell trades in the last month.

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Based on Investar Holding’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $21.8 million and quarterly net profit of $3.87 million. In comparison, last year the company earned revenue of $18.16 million and had a net profit of $2.37 million. ISTR’s market cap is $238.6M and the company has a P/E ratio of 15.29. Currently, Investar Holding has an average volume of 35.35K.

In the last 30 days, insiders have sold $29.43K worth of ISTR shares and purchased $6,272 worth of ISTR shares. The insider sentiment on Investar Holding has been positive according to 59 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Investar Holding Corp. operates as a bank holding company through its wholly-owned subsidiary, Investar Bank. It offers commercial and retail lending products including business loans to small to medium-sized businesses as well as loans to individuals.