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Insider Trends: Citizens & Northern Insider Receives Stock Award, Buy Trend Intact

05/11/2021 08:10

12:02 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, EVP- Chief Information Officer, Alexander Balagour, was awarded 4,000 Citizens & Northern (CZNC) shares having an approximate value of $100,760 based on the daily closing price of the shares. Balagour, after the transactions detailed in the SEC Form 4 filing, owns 4,000 shares of the company, with a market value, based on the prior-day closing price, of $100,760.

During the most recent 90-day period, previous to the date of this filing, there have been 26 insider transactions reported to the SEC for Citizens & Northern. These transactions came from the activities of 15 individual insiders that resulted in a net disposition of 1,501 company shares. Relative to the preceding 90-day window of time, there were 76 transactions from 21 insiders that resulted in the net acquisition of 53,772 shares.

This level of insider transactions is lower than the peer group average in the 394-company Banks peer group over the last 90-day period. Activity in the peer group averaged 105.6 transactions per company, with company insiders acquiring on average 7,443 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/810958/000141588921002403/xslF345X03/form4-05112021_080552.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.