Trustmark Corp. - TRMK
Article Abstract:
Trustmark Corp. insiders have been accumulating shares of the bank holding company at surprisingly high prices. Ten insiders purchased stocks at between $16.50-$19.38, levels which are near the stock's all-time peaks. This accummulation is also puzzling, since the company paid out $38.5 million in claims arising from a case it lost in Jan. 1995. All these indications point to a large potential for the stock's increase in value, a potential being acted upon by insiders.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1995
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Mellon Bank Corp. - MEL
Article Abstract:
Mellon Bank shares, which traded at a low level of $75 in Mar. 1997, have rallied and are currently trading at the $85 level after the company posted a positive 1st qtr. 1997 revenues. But as Mellon Bank repurchased almost 800,000 shares of stock, eight executives were disposing of 243,838 shares, which exclude shares filed for disposal. This insider development coincides with insider selling activities in other major banks such as Chase Manhattan Corp. and Citicorp.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1997
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Southtrust Corp. - SOTR
Article Abstract:
Shares in bank holding company Southtrust Corp. declined to $18 in late 1994 following net interest problems. However, analsysts believe these problems were overcome as some firm executives combined for 61,000 shares with a price range from $17.38 to $ $18.63 from Nov. to Dec. 1994. Among the officials were Dir. T.W. Mitchell and VP William Cranford, who both registered 20,000 shares.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1995
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