Insider Trading in Focus: Stock Yards Bancorp, Inc. $SYBT

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Stock Yards Bancorp, Inc. (SYBT) insiders have most recently took part in a trading activity. On Jun 23, 2017 Brown J Mccauley, Director bought 34 shares having total worth of $1,256 at the price of $36.93 per share, following the transaction a total of 8,229 shares owned by Brown J Mccauley. Before this latest buy, Brown J Mccauley purchased SYBT at 12 other times during the past twelve months, for a total investment of $16,663 at an average of $37.45 per share.

On the same day, Edinger Charles R Iii, Director bought 174 shares having total worth of $6,426 at the price of $36.93 per share, following the transaction a total of 337,054 shares owned by Edinger Charles R Iii. Before this latest buy, Edinger Charles R Iii purchased SYBT at 13 other times during the past twelve months, for a total investment of $56,516 at an average of $38.19 per share.

On the same day, Heitzman Donna L, Director bought 68 shares having total worth of $2,511 at the price of $36.93 per share, following the transaction a total of 2,277 shares owned by Heitzman Donna L. Before this latest buy, Heitzman Donna L purchased SYBT at 8 other times during the past twelve months, for a total investment of $25,557 at an average of $41.35 per share.

On the same day, Herde Carl G, Director bought 71 shares having total worth of $2,622 at the price of $36.93 per share, following the transaction a total of 41,257 shares owned by Herde Carl G. Before this latest buy, Herde Carl G purchased SYBT at 13 other times during the past twelve months, for a total investment of $53,751 at an average of $38.18 per share.

On the same day, Northern Richard, Director bought 140 shares having total worth of $5,170 at the price of $36.93 per share, following the transaction a total of 40,626 shares owned by Northern Richard. Before this latest buy, Northern Richard purchased SYBT at 13 other times during the past twelve months, for a total investment of $42,189 at an average of $38.19 per share.

On the same day, Priebe Stephen M, Director bought 68 shares having total worth of $2,511 at the price of $36.93 per share, following the transaction a total of 14,542 shares owned by Priebe Stephen M. Before this latest buy, Priebe Stephen M purchased SYBT at 13 other times during the past twelve months, for a total investment of $39,795 at an average of $38.19 per share.

On the same day, Tasman Norman, Director bought 89 shares having total worth of $3,287 at the price of $36.93 per share, following the transaction a total of 300,557 shares owned by Tasman Norman. Before this latest buy, Tasman Norman purchased SYBT at 13 other times during the past twelve months, for a total investment of $42,659 at an average of $38.19 per share.

The stock has experienced a total of 19 insider trades in the past three months. These trades include 5 sell activities and 14 buy trades. Furthermore, over the past 12 months , the stock was traded 113 times by insiders. In 27 of these trades, the insider was a seller while an employee of the company was the buyer in 86 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 14 5 -17.67%
12 Month 86 27 56.73%

Shares of Stock Yards Bancorp, Inc. (SYBT) traded up 1.58% on Jun 23, 2017, hitting $36.93. 181,961 shares of the company’s stock traded hands. Stock Yards Bancorp, Inc. has a 52 week low of $23.27 and a 52 week high of $47.5. The company’s market cap is $730 million.

Stock Yards Bancorp, Inc. (SYBT) last announced its earnings results on Apr 26, 2017. The company reported 0.47 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.45 by $0.02. The company had revenue of $36 million for the quarter, compared to the consensus estimate of $37 million. During the same quarter in the previous year, the company posted 0.65 earnings per share. The company’s revenue for the quarter was up 7% on a year-over-year basis.

2017-04-26 2017-01-26 2016-10-26 2016-07-27 2016-04-27 2016-01-27 2015-10-26 2015-07-22 2015-04-22 2015-01-28
earnings per share 0.47 0.46 0.46 0.45 0.65 0.64 0.62 0.60 0.62 0.59
Revenue(M) 35.98 36.39 36.12 34.73 33.55 32.9 32.07 32.02 31.29 31.52

S. Y. Bancorp, Inc., was incorporated in 1988 and is a Kentucky corporation headquartered in Louisville, Kentucky. Bancorp is a bank holding company registered with, and subject to supervision, regulation and examination by the Board of Governors of the Federal Reserve System. Bancorp has two subsidiaries, Stock Yards Bank & Trust Company (the Bank) and S.Y. Bancorp Capital Trust II (the Trust). The Bank is wholly owned and is a state chartered bank. Because Bancorp has no operations of its own, its business and that of the Bank are essentially the same. The operations of the Bank are fully reflected in the consolidated financial statements of Bancorp. Accordingly, references to ‘Bancorp’ in this document may encompass both the holding company and the Bank. The Trust is a Delaware statutory trust that is a 100%-owned finance subsidiary of Bancorp. At December 31, 2012, the Bank had 25 full service banking locations in the Louisville MSA, three full service banking locations in the Indianapolis MSA, and three full service banking locations in the Cincinnati MSA. Bank holding companies and commercial banks are extensively regulated under both federal and state laws. Changes in applicable laws or regulations may have a material effect on the business and prospects of Bancorp and the Bank.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.