PrivateBancorp (PVTB) - FREE Research Report

Roche Collin E who is Director at PrivateBancorp sold 2.0 million shares at $24.50 on Nov. 1, 2013. Following this transaction, the Director owned 26,625 shares meaning that the stake was reduced by 98.69% with the 2.0 million share transaction.

Gtcr Fund Ix/A L P who is Director at PrivateBancorp sold 1.7 million shares at $24.50 on Nov. 1, 2013. Following this transaction, the Director owned 3.5 million shares meaning that the stake was reduced by 32.5% with the 1.7 million share transaction.

Gtcr Fund Ix/B L P who is Director at PrivateBancorp sold 283,986 shares at $24.50 on Nov. 1, 2013. Following this transaction, the Director owned 589,777 shares meaning that the stake was reduced by 32.5% with the 283,986 share transaction.

Gtcr Co Invest Iii L P who is Director at PrivateBancorp sold 12,818 shares at $24.50 on Nov. 1, 2013. Following this transaction, the Director owned 26,625 shares meaning that the stake was reduced by 32.5% with the 12,818 share transaction.

The shares most recently traded at $24.41, down $0.09, or 0.37% since the insider transaction. Historical insider transactions for PrivateBancorp go as follows:

  • 4-Week # shares sold: 25,000
  • 12-Week # shares sold: 34,205
  • 24-Week # shares sold: 59,771

The average volume for PrivateBancorp has been 388,800 shares per day over the past 30 days. PrivateBancorp has a market cap of $1.9 billion and is part of the financial sector and banking industry. Shares are up 59.07% year to date as of the close of trading on Friday.

PrivateBancorp, Inc. operates as the bank holding company for The PrivateBank and Trust Company, which provides business and personal financial services to middle-market companies and business owners, executives, entrepreneurs, and families in the United States. The stock currently has a dividend yield of 0.16%. The company has a P/E ratio of 17.3. Currently there are 3 analysts that rate PrivateBancorp a buy, no analysts rate it a sell, and 10 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on PVTB - FREE

TheStreet Quant Ratings rates PrivateBancorp as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full PrivateBancorp Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
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