Investors Bancorp, Inc. (NASDAQ:ISBC) registered a -0.49% decrease, still its new closing price is 34.47% up from the company’s 1 year high of 14.93.It posted 0.57% gains in previous 5 sessions and is now the subject of 4 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 9 stock analysts following this company have an average price target at $14.69, with individual PT in the $12.50-$16.00 range. The shares moved at $14.18, implying that brokerage firms see shares gaining about 25.97% in twelve months time.
Investors Bancorp, Inc. (ISBC) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 1.65% rise year to date. A Director at Investors Bancorp, Inc. (ISBC) offloaded shares in a transaction closed on Monday December 05, 2016. Garibaldi James J. sold 11,000 shares in the company at $13.79 each and collected $151,001 in proceeds. Garibaldi James J. now owns 101,550 shares in the company after this transaction. A Director in the company, WARD JAMES H III, disclosed a transaction on Thursday December 01, 2016 that ended up paying $51,000 from the purchase of 3,784 shares at $13.59 per share.
Investors Bancorp, Inc. (NASDAQ:ISBC) Upcoming Results on Tap
Investors Bancorp, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.16 in that period. Sales during the quarter are predicted to arrive at $170.07 million.
Investors Bancorp, Inc. (ISBC) Brokerage Update
Investors Bancorp, Inc. (ISBC) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underweight from Overweight by Barclays, according to news reported on Tuesday December 06, 2016.Another important research note was issued by Piper Jaffray on Friday August 19, 2016.The firm upgraded ISBC to Overweight from Neutral. Over the last six months and over the last three months, the shares of Investors Bancorp, Inc. (ISBC), have changed 27.88% and 16.31%, respectively.
