Rollins James III Sells Shares of Huntington Bancshares
Rollins James III sold 223,522 shares of Huntington Bancshares, valued at $3.88 million.
Key Points
- On June 12, 2026, Rollins James III sold 223,522 shares of Huntington Bancshares at $17.35 each, totaling $3.88 million.
- Huntington Bancshares has a market cap of $34.89 billion and a P/E ratio of 13.24, trading near $17.21 per share.
- Analysts like Evercore ISI Group maintain a 'buy' rating with a $20 target, while the consensus suggests a strong buy.
On June 12, 2026, Rollins James III sold 223,522 shares of Huntington Bancshares Incorporated (NasdaqGS: HBAN) at an average price of $17.35 per share. This transaction was valued at approximately $3.88 million and was not part of a pre-arranged trading plan.
Huntington Bancshares Stock Snapshot
Shares of NasdaqGS:HBAN traded near $17.21 recently. Huntington Bancshares has a market cap of about $34.89 billion and a P/E ratio of 13.24. The stock's 52-week range has been between $14.89 and $19.46, with a 50-day moving average of $16.34 and a 200-day moving average of $16.73. The company also offers a dividend yield of 3.6%.
Insider Buying and Selling at Huntington Bancshares Incorporated
Rollins James III has been active in trading Huntington Bancshares shares recently. Besides the sale on June 12, he purchased smaller amounts of shares in early June at different prices: 4,798 shares at $20.30 on June 4, 873 shares at $16.46 on June 3, and 11,127 shares at $16.50 on June 2. Another insider, Scott Kleinman, sold 19,425 shares at $16.20 on June 1 under a Rule 10b5-1 plan.
Analysts Set New Price Targets
On June 15, 2026, Stephens & Co. assumed coverage on Huntington Bancshares with a 'hold' rating and a $19 price target. Meanwhile, Evercore ISI Group maintained its 'buy' rating on June 12 with a target of $20. The consensus among analysts is a strong buy, with a target mean price of $19.89 based on 17 opinions.
About Huntington Bancshares
Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank, offering a range of commercial, consumer, and mortgage banking services. Headquartered in Columbus, Ohio, the company serves a diverse customer base through various channels, including branches, ATMs, and online banking. Led by CEO Stephen D. Steinour, Huntington employs over 24,600 people and provides services like investment management, insurance, and equipment financing.
Bottom Line
The recent insider activity by Rollins James III provides a glimpse into the trading dynamics of Huntington Bancshares. Investors often track such moves to gauge insider sentiment, though it's important to remember these transactions are disclosed after the fact and may not indicate future performance. Huntington Bancshares remains a significant player in the regional banking sector, with analysts maintaining a generally positive outlook.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
