Director at Community Bank Shares of Indiana, Inc. (NASDAQ:CBIN) L Gary Libs bought 100 shares of common stock, at a Price of $25.65 per share. Following this transaction, Mr. Libs owns 6,371 shares indirectly by spouse, and another 144,000 shares, in a direct form, at this $89.36 million Market Cap bank holding Company. Mr. Libs has made different acquisitions of this stock during the last reported quarter: he purchased, apart from the reported 100 shares acquisition, 1438 shares, at an average price of $ 25.62 per share. Moreover, Director T. Gerald Koetter also procured this stock over the last quarter, buying 324 shares, at a price of $ 25.94.
Insider sales have been active as well this last quarter. President & Ceo D James Rickard sold 8,000 shares, at an average price of $ 25.53, and Chief Credit Officer K. Michael Bauer sold another 2,441 shares, at a price of $ 18.31 per share.
None of the important hedge funds we follow are currently active on Community Bank Shares of Indiana, Inc. (NASDAQ:CBIN).
Disclosure: None.
Suggested Reading:
4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef
5 Pitfalls To Avoid When Buying a Franchise