Craig Best (Insider Trades), CEO and president of Peoples Financial Services Corp. (PFIS), bought 1,773 shares of the company on Sept. 18. The average price per share was $36.03 for a total transaction cost of $63,881. Peoples Financial Services is the parent company of Peoples Security and Trust Company, the largest community bank headquartered in Northeastern Pennsylvania. PFIS has a market cap of $273.57 million and a P/S ratio of 3.48.
There were 29 insider buys of Peoples Financial totaling 5,221 shares in 2012, compared to 23 insider sales totaling 24,751 shares in 2015. Insider sales of the company have decreased in volume and number since 2012. There was only one transaction in 2012 totaling 188 shares. There were no insider transactions in 2013, and no insider sales of the company in 2015. However, in 2014, there were 16 PFIS insider sells, totaling 99,505 shares. Best made six insider buys totaling 11,150 shares with the company in August and September alone. 
For more information about insider transactions with PFIS, click here.
The company reported net income of $4.431 million, or 59 cents per share in the second quarter of 2015. This is up from $3.331 million, or 44 cents per share in the corresponding quarter of 2014. Annual net income for the company increased 18.41% since 2010. Revenue also increased 31.86% since 2010. Peoples Financial declared a quarterly dividend of 31 cents per share payable Sept. 15 to shareholders of record Aug. 31. Annual dividends increased 10.98% since 2010. 
According to GuruFocus.com information, Peoples Financial Services has a business predictability rank of 1 out of 5 stars. For more information about business predictability rank, click here.
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