United Community Banks Director Buys $187,500.00 in Stock

Press release from the issuing company

Tuesday, May 26th, 2015

United Community Banks Director Tim Wallis purchased 10,000 shares of United Community Banks stock on the open market in a transaction dated Monday, May 18th. The shares were purchased at an average cost of $18.75 per share, with a total value of $187,500.00. Following the completion of the purchase, the director now directly owns 2,339 shares in the company, valued at approximately $43,856.25. The transaction was disclosed in a filing with the SEC, which is available at this link. 

United Community Banks traded down 0.10% during mid-day trading on Friday, hitting $19.13. 34,943 shares of the company’s stock traded hands. United Community Banks has a one year low of $15.06 and a one year high of $19.53. The stock has a 50-day moving average of $18. and a 200-day moving average of $18.. The company has a market cap of $1.15 billion and a price-to-earnings ratio of 16.63.

United Community Banks last released its earnings data on Wednesday, April 22nd. The company reported $0.29 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.29. During the same quarter in the prior year, the company posted $0.25 earnings per share. Analysts expect that United Community Banks will post $1.27 EPS for the current fiscal year.