Cit Group Inc (CIT) Chair & CEO Ellen R Alemany Bought $514,150 of Shares

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Mar 20, 2020
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Chair & CEO of Cit Group Inc (30-Year Financial, Insider Trades) Ellen R Alemany (insider trades) bought 35,000 shares of CIT on 03/20/2020 at an average price of $14.69 a share. The total cost of this purchase was $514,150.

CIT Group Inc is a banking corporation provides financing, leasing and advisory services to middle-market companies in a diverse group of industries. The group offers retail banking through its subsidiary. It also syndicates and sells finance receivables. CIT Group Inc has a market cap of $1.37 billion; its shares were traded at around $13.97 with a P/E ratio of 2.65 and P/S ratio of 0.59. The dividend yield of CIT Group Inc stocks is 10.02%. GuruFocus has detected 1 severe warning sign with CIT Group Inc. .

CEO Recent Trades:

  • Chair & CEO Ellen R Alemany bought 35,000 shares of CIT stock on 03/20/2020 at the average price of $14.69. The price of the stock has decreased by 4.9% since.

Directors and Officers Recent Trades:

  • President, CIT Bank, N.A. Robert C. Rubino bought 9,350 shares of CIT stock on 03/20/2020 at the average price of $14.94. The price of the stock has decreased by 6.49% since.
  • Director R. Brad Oates bought 4,579 shares of CIT stock on 03/20/2020 at the average price of $14.21. The price of the stock has decreased by 1.69% since.
  • Director Alan L Frank bought 7,000 shares of CIT stock on 03/20/2020 at the average price of $14.69. The price of the stock has decreased by 4.9% since.
  • Director Alan L Frank bought 1,100 shares of CIT stock on 03/06/2020 at the average price of $32.35. The price of the stock has decreased by 56.82% since.
  • EVP and Chief Financial Office John J. Fawcett bought 4,000 shares of CIT stock on 02/28/2020 at the average price of $39.57. The price of the stock has decreased by 64.7% since.

For the complete insider trading history of CIT, click here

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