Insider Trader Watch: United Bankshares, Inc. $UBSI

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United Bankshares, Inc. (UBSI) insider have most recently took part in a trading activity. On Aug 31, 2017 White Gary G, Director bought 500 shares having total worth of $16,915 at the price of $33.83 per share, following the transaction a total of 20,713 shares owned by White Gary G.

The stock has experienced a total of 7 insider trades in the past three months. These trades include 1 sell activities and 6 buy trades. Furthermore, over the past 12 months , the stock was traded 14 times by insiders. In 8 of these trades, the insider was a seller while an employee of the company was the buyer in 6 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 1 -17.32%
12 Month 6 8 -4.53%

Shares of United Bankshares, Inc. (UBSI) traded down 0.15% on Aug 30, 2017, hitting $33.65. 819,993 shares of the company’s stock traded hands. United Bankshares, Inc. has a 52 week low of $32.05 and a 52 week high of $48.41. The company’s market cap is $2,840 million.

United Bankshares, Inc. (UBSI) last announced its earnings results on Jul 27, 2017. The company reported 0.37 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.50 by $0.13. The company had revenue of $179 million for the quarter, compared to the consensus estimate of $164 million. During the same quarter in the previous year, the company posted 0.48 earnings per share. The company’s revenue for the quarter was up 47% on a year-over-year basis.

2017-07-27 2017-04-27 2017-01-31 2016-10-27 2016-04-28 2016-01-28 2015-10-29 2015-07-29 2015-04-28 2015-01-29
earnings per share 0.37 0.49 0.51 0.54 0.50 0.48 0.50 0.50 0.50 0.48
Revenue(M) 179.26 129.33 131.46 131.65 116.17 116.96 115.78 116.99 114.51 113.25

United Bankshares, Inc. is a West Virginia corporation registered as a bank holding company pursuant to the Bank Holding Company Act of 1956, as amended. The Company was incorporated on March 26, 1982, organized on September 9, 1982. Since its formation in 1982, The Company has acquired twenty-eight banking institutions. The Company is permitted to acquire other banks and bank holding companies, as well as thrift institutions. It is also permitted to engage in certain non-banking activities which are closely related to banking under the provisions of the Bank Holding Company Act and the Federal Reserve Board’s Regulation Y. The Company, through its subsidiaries, engages mainly in community banking and offers most banking products and services permitted by law and regulation. Included among the banking services offered are the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, floor plan and student loans; and the making of construction and real estate loans. Also offered are individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. As part of their lending function, the Banking Subsidiaries offer credit card services. The Company through its banking subsidiaries offers an Internet banking service, Smart Touch Online Banking, which allows customers to perform various transactions using a computer from any location as long as they have access to the Internet and a secure browser. Specifically, customers can check personal account balances, receive information about transactions within their accounts, make transfers between accounts, stop payment on a check, and reorder checks. Customers may also pay bills online and can make payments to virtually any business or individual. Customers can set up recurring fixed payments, one-time future payments or a one-time immediate payment.

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.