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Cit Group Inc (CIT) EVP and Chief Financial Office John J. Fawcett Bought $123,600 of Shares

EVP and Chief Financial Office of Cit Group Inc (30-Year Financial, Insider Trades) John J. Fawcett (insider trades) bought 3,000 shares of CIT on 08/14/2019 at an average price of $41.2 a share. The total cost of this purchase was $123,600.

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 $3.92 billion; its shares were traded at around $41.42 with a P/E ratio of 9.33 and P/S ratio of 1.96. The dividend yield of CIT Group Inc stocks is 2.91%.

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 4.89% since.

Directors and Officers Recent Trades:

  • Director Alan L Frank bought 3,000 shares of CIT stock on 08/15/2019 at the average price of $41.3. The price of the stock has increased by 0.29% since.
  • EVP and Chief Financial Office John J. Fawcett bought 3,000 shares of CIT stock on 08/14/2019 at the average price of $41.2. The price of the stock has increased by 0.53% since.
  • 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 5.78% 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 3.99% since.
  • President, CIT Bank, N.A. Robert C. Rubino bought 6,930 shares of CIT stock on 08/13/2019 at the average price of $43.22. The price of the stock has decreased by 4.16% since.

For the complete insider trading history of CIT, click here

.This article first appeared on GuruFocus.