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Cadence Bancorp (CADE) President AND COO Samuel M. Tortorici Bought $250,800 of Shares

President AND COO of Cadence Bancorp (30-Year Financial, Insider Trades) Samuel M. Tortorici (insider trades) bought 15,000 shares of CADE on 07/26/2019 at an average price of $16.72 a share. The total cost of this purchase was $250,800.

Cadence Bancorp is a bank holding company and is the parent company of Cadence Bank, N.A. It offers broad range of banking and wealth management services to businesses, high net worth individuals, business owners and retail customers. Cadence Bancorp has a market cap of $2.22 billion; its shares were traded at around $17.20 with a P/E ratio of 8.78 and P/S ratio of 2.91. The dividend yield of Cadence Bancorp stocks is 3.79%.

CEO Recent Trades:

  • Chairman and CEO Paul B Jr Murphy bought 579 shares of CADE stock on 07/26/2019 at the average price of $17.06. The price of the stock has increased by 0.82% since.

Directors and Officers Recent Trades:

  • President and COO Samuel M. Tortorici bought 15,000 shares of CADE stock on 07/26/2019 at the average price of $16.72. The price of the stock has increased by 2.87% since.
  • President AND COO Samuel M. Tortorici bought 15,000 shares of CADE stock on 07/26/2019 at the average price of $16.72. The price of the stock has increased by 2.87% since.
  • Director J Richard Fredericks bought 3,105 shares of CADE stock on 07/24/2019 at the average price of $16.1. The price of the stock has increased by 6.83% since.

For the complete insider trading history of CADE, click here

.This article first appeared on GuruFocus.