Trustmark Corp
NASDAQ:TRMK
During the last 3 months Trustmark Corp insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 9% over this period (open performance analysis).
The last transaction was made on
Nov 15, 2024
by
Host Gerard R
(Senior Vice President)
, who
sold
630k USD
worth of TRMK shares.
During the last 3 months Trustmark Corp insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 9% over this period (open performance analysis).
The last transaction was made on
Nov 15, 2024
by
Host Gerard R
(Senior Vice President)
, who
sold
630k USD
worth of TRMK shares.
Trustmark Corp
Glance View
Trustmark Corporation, a financial services hub based in Jackson, Mississippi, has woven its narrative across the fabric of the American Southeast since its inception in 1889. Standing as more than just a traditional bank, Trustmark operates through its principal subsidiary, Trustmark National Bank, which propels the company’s overarching mission to provide comprehensive financial solutions. These range from personal banking services, including savings and checking accounts, to loans and mortgages that cater to individuals, small businesses, and large corporations alike. Over the decades, Trustmark has harnessed its regional expertise to expand beyond Mississippi, making its presence felt in states like Tennessee, Florida, Texas, and Alabama, thereby widening its customer base and financial influence across diverse communities. Integral to Trustmark’s business model is its diversified revenue stream, a testament to its strategic vision and adaptability. Beyond conventional banking, it delves into the realms of wealth management, insurance, and professional risk management services. The journey from savings accounts to mortgages and commercial loans is complemented by trust and asset management services under its wealth management division. Meanwhile, Trustmark's insurance subsidiary offers a variety of products, including life and health insurance, assets which further underpin its financial fortitude. In leveraging these multifaceted avenues, Trustmark has carved out a stable path in an ever-evolving financial landscape, generating profits through interest margins on loans, fee income from a myriad of financial services, and prudent asset management, breathing life into income statements year after year.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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