Shares of Stock Yards Bancorp Inc. (NASDAQ:SYBT) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $30.09 and last traded at $29.99, with a volume of 25,455 shares changing hands. The stock had previously closed at $29.06.

Separately, Zacks Investment Research downgraded Stock Yards Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, April 16th.

The stock’s 50 day moving average is $28.67 and its 200-day moving average is $26.75. The stock has a market capitalization of $675.75 million and a price-to-earnings ratio of 17.52.

Stock Yards Bancorp (NASDAQ:SYBT) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.42 by $0.03. Analysts predict that Stock Yards Bancorp Inc. will post $1.76 earnings per share for the current fiscal year.

In other news, President James A. Hillebrand sold 1,064 shares of the stock in a transaction that occurred on Wednesday, June 8th. The stock was sold at an average price of $28.23, for a total value of $30,036.72. Following the completion of the sale, the president now directly owns 49,410 shares of the company’s stock, valued at $1,394,844.30. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO David P. Heintzman sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $28.95, for a total value of $144,750.00. Following the completion of the sale, the chief executive officer now directly owns 166,407 shares of the company’s stock, valued at $4,817,482.65. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Stock Yards Bancorp stock. California State Teachers Retirement System increased its stake in Stock Yards Bancorp Inc. (NASDAQ:SYBT) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,441 shares of the company’s stock after buying an additional 400 shares during the period. California State Teachers Retirement System owned approximately 0.18% of Stock Yards Bancorp worth $1,037,000 as of its most recent SEC filing.

Stock Yards Bancorp, Inc is the holding company for Stock Yards Bank & Trust Company (the Bank). The Company operates through two segments: commercial banking, and investment management and trust. Its commercial banking segment provides a range of loan and deposit products to individual consumers and businesses.

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