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Cit Group Inc (CIT) EVP and Chief Financial Office John J. Fawcett Bought $307,720 of Shares

EVP and Chief Financial Office of Cit Group Inc (30-Year Financial, Insider Trades) John J. Fawcett (insider trades) bought 7,000 shares of CIT on 08/13/2019 at an average price of $43.96 a share. The total cost of this purchase was $307,720.

CIT Group Inc is a banking corporation provides financing, leasing and advisory services to middle-market companies in a diverse group of industries. The group offers retail banking through its subsidiary. It also syndicates and sells finance receivables. CIT Group Inc has a market cap of $4.06 billion; its shares were traded at around $42.88 with a P/E ratio of 9.64 and P/S ratio of 2.04. The dividend yield of CIT Group Inc stocks is 2.80%.

CEO Recent Trades:

  • Chair & CEO Ellen R Alemany bought 11,500 shares of CIT stock on 08/13/2019 at the average price of $43.55. The price of the stock has decreased by 1.54% since.

Directors and Officers Recent Trades:

  • EVP and Chief Financial Office John J. Fawcett bought 7,000 shares of CIT stock on 08/13/2019 at the average price of $43.96. The price of the stock has decreased by 2.46% since.
  • EVP, Chief Strategy Officer Kenneth Mcphail bought 1,000 shares of CIT stock on 08/13/2019 at the average price of $43.14. The price of the stock has decreased by 0.6% since.

For the complete insider trading history of CIT, click here

.This article first appeared on GuruFocus.