The EVP & CIO of HomeStreet (NASDAQ: HMST) is Buying Shares

By Carrie Williams

Yesterday, the EVP & CIO of HomeStreet (HMSTResearch Report), Darrell Van-Amen, bought shares of HMST for $61.5K.

Following Darrell Van-Amen’s last HMST Buy transaction on November 13, 2013, the stock climbed by 11.5%. Following this transaction Darrell Van-Amen’s holding in the company was increased by 4.86% to a total of $1.33 million.

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HMST’s market cap is $831.7M and the company has a P/E ratio of 18.71. Currently, HomeStreet has an average volume of 137.1K.

Starting in January 2019, HMST received 5 Buy ratings in a row.

The insider sentiment on HomeStreet 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.

Darrell Van-Amen’s trades have generated a -22.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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HomeStreet, Inc. is a holding company, which engages in the provision of commercial and consumer banking and real estate lending services. It operates through the Commercial and Consumer Banking, and Mortgage Banking segments.