& Susan Christiansen Fam Brett Buys 2,200 Shares of Altabancorp (OTCMKTS:ALTA) Stock


Share on StockTwits

Altabancorp (OTCMKTS:ALTA) major shareholder & Susan Christiansen Fam Brett acquired 2,200 shares of the stock in a transaction dated Wednesday, December 30th. The stock was acquired at an average price of $27.47 per share, with a total value of $60,434.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

OTCMKTS:ALTA opened at $27.92 on Friday. The company has a fifty day moving average of $27.70 and a 200 day moving average of $20.93. Altabancorp has a 52 week low of $13.55 and a 52 week high of $30.80.

Altabancorp (OTCMKTS:ALTA) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.07. The firm had revenue of $31.91 million for the quarter, compared to the consensus estimate of $31.27 million.

A number of brokerages have recently weighed in on ALTA. BidaskClub upgraded shares of Altabancorp from a “hold” rating to a “buy” rating in a report on Friday, December 11th. Zacks Investment Research lowered shares of Altabancorp from a “buy” rating to a “hold” rating in a report on Wednesday, November 4th. Finally, Piper Sandler boosted their price objective on shares of Altabancorp from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, November 16th.

A number of large investors have recently bought and sold shares of ALTA. Elevated Capital Advisors LLC purchased a new position in shares of Altabancorp in the third quarter worth approximately $699,000. Great West Life Assurance Co. Can acquired a new position in shares of Altabancorp in the third quarter worth about $1,057,000. California State Teachers Retirement System acquired a new position in shares of Altabancorp in the third quarter worth about $476,000. BCJ Capital Management LLC purchased a new stake in shares of Altabancorp during the 3rd quarter worth about $216,000. Finally, Maltese Capital Management LLC acquired a new stake in shares of Altabancorp during the 3rd quarter valued at about $201,000.

Altabancorp Company Profile

Altabancorp operates as the bank holding company for Altabank, a state-chartered bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.

Recommended Story: Initial Coin Offerings entail a high degree of risk

Insider Buying and Selling by Quarter for Altabancorp (OTCMKTS:ALTA)

Receive News & Ratings for Altabancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altabancorp and related companies with MarketBeat.com's FREE daily email newsletter.