Huntington Bancshares (NASDAQ:HBAN) Director Gary Torgow recently purchased 14,200 shares of the company’s stock for a total of $252,902.00, increasing his direct ownership to over 943,000 shares. This transaction comes as the regional banking sector faces an inflection point, with HBAN shares currently trading at $17.08 and analysts providing a “Moderate Buy” consensus rating with an average target price of $20.60. The company also declared a quarterly dividend of $0.155 per share, representing a 3.6% yield.
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Insider Buying: Huntington Bancshares (NASDAQ:HBAN) Director Purchases 14,200 Shares of Stock
Huntington Bancshares (NASDAQ:HBAN) Director Gary Torgow recently purchased 14,200 shares of the company’s stock for a total of $252,902.00, increasing his direct ownership to over 943,000 shares. This transaction comes as the regional banking sector faces an inflection point, with HBAN shares currently trading at $17.08 and analysts providing a “Moderate Buy” consensus rating with an average target price of $20.60. The company also declared a quarterly dividend of $0.155 per share, representing a 3.6% yield.