Arrow Financial Corp. (AROW) Director Sells $63,840.00 in Stock

Arrow Financial Corp. (NASDAQ:AROW) Director Michael B. Clarke sold 2,000 shares of Arrow Financial Corp. stock in a transaction on Monday, July 25th. The shares were sold at an average price of $31.92, for a total value of $63,840.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Arrow Financial Corp. (NASDAQ:AROW) traded down 0.34% during midday trading on Tuesday, hitting $31.83. The stock had a trading volume of 14,168 shares. The stock has a market cap of $414.14 million and a P/E ratio of 16.08. Arrow Financial Corp. has a 12-month low of $24.54 and a 12-month high of $31.99. The stock has a 50-day moving average price of $30.20 and a 200-day moving average price of $27.86.

Arrow Financial Corp. (NASDAQ:AROW) last posted its quarterly earnings data on Wednesday, July 20th. The financial services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. Equities analysts forecast that Arrow Financial Corp. will post $2.04 earnings per share for the current year.

Arrow Financial Corporation (Arrow) is a bank holding company. The Company’s banking subsidiaries are Glens Falls National Bank and Trust Company (Glens Falls National) and Saratoga National Bank and Trust Company (Saratoga National). It operates in community banking industry segment. The Company’s business consists primarily of the ownership, supervision and control of its approximately two banks.