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Insider Trends: Ameris Bancorp Insider Extends 90-Day Selling Trend

05/11/2021 11:21

03:05 PM EDT, 05/11/2021 (MT Newswires) -- Robert Dale Ezzell, Director, sold 10,000 shares of Ameris Bancorp (ABCB) on May 07, 2021, for $569,665. Subsequent to the Form 4 filing with the SEC, Ezzell owns 27,934 shares of the company, which have a market value of $1.56 million as of the prior-day closing price.

In the 90 days previous to the date of this filing, there have been 13 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 16,048 company shares by insiders. Relative to the preceding 90-day window of time, there were 3 transactions from 2 insiders that resulted in the net disposition of 6,000 shares.

This level of insider transactions is below that of the peer group average in the 394-company Banks peer group over the last 90-day period. Peer group activity averaged 105.7 transactions per company, with company insiders acquiring on average 7,443 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/351569/000149033921000002/xslF345X03/wf-form4_162075978243138.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.