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In a recent filing with the Securities and Exchange Commission, Zions Bancorporation, National Association (NASDAQ:ZION), an $8.2 billion market cap bank trading at a P/E ratio of 11.15, disclosed that Jason D. Arbuckle, the Senior Vice President and Controller, executed several stock transactions. On February 10, Arbuckle sold 40 shares of common stock at a price of $56.03 per share, totaling approximately $2,241.
On the same day, he acquired 2,320 shares of common stock at the same price, amounting to a total acquisition value of $129,989. Additionally, on February 11, Arbuckle disposed of 28 shares at $56.84 per share as part of a tax withholding transaction, with a total value of $1,591.
For deeper insights into Zions Bancorporation’s valuation and financial health metrics, including 8 additional ProTips, check out the comprehensive research report available on InvestingPro. Following these transactions, Arbuckle’s direct ownership of Zions Bancorporation’s common stock stands at 3,925.9 shares.
In other recent news, Zions Bancorporation, N.A. declared dividends on its common and preferred stock, with the company’s board announcing a regular quarterly dividend of $0.43 per common share and a dividend for the holders of the company’s Series A perpetual preferred shares. The financial services company generated an annual net revenue of $3.1 billion in 2024. In related developments, RBC Capital Markets raised Zions Bancorp ’s price target from $61.00 to $63.00, maintaining a Sector Perform rating, following the bank’s fourth-quarter earnings report. DA Davidson also increased the price target for Zions Bancorp to $69 from the previous $66, maintaining a Buy rating. Keefe, Bruyette & Woods analyst raised the price target for Zions Bancorp from $65.00 to $70.00, maintaining a Market Perform rating. Lastly, Stephens analyst increased the price target for Zions Bancorp to $64 from $62, while maintaining an Equal Weight rating on the stock. These are recent developments and do not provide a comprehensive view of the company.
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