Huntington Bancshares Incorporated (NASDAQ:HBAN), saw an insider execute a transaction today resulting in the lowering of their exposure to the company. Director Michael J. Endres disposed of 9,500 shares of common stock at average prices ranging from $9.864 to $9.87 per share. Following this move, Endres now holds 179,291 shares directly, while having 101,489 shares invested indirectly. Huntington Bancshares Incorporatd (NASDAQ:HBAN) is an $8.05 billion market cap company that is a multi-state diversified regional bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), Huntington is engaged in providing full-service commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial products and services.
In addition, Billionaire Israel Englander is betting on this company this quarter. His hedge fund, Millennium Management, rose its activity by 6866% last quarter, and now holds about 5.35 million shares worth approximately $51 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.