Ameris Bancorp (ABCB)’s Stock Insider Deal – Edwin Hortman Unloaded 20,336 Shares; 3M Company (MMM) Had 7 Bullish Analysts

As announced in the U.S. Security and Exchange Commission, a document for the trade of 20,336 shares of Ameris Bancorp by Edwin Hortman was filled. Edwin Hortman is currently the Exec Chairmain – President&CEO of the Pinksheet-listed company. The document was filled on 08-03-2018. These insider shares were sold at average $56.4 per every share, and have a value of $1,147,071 U.S. Dollars. Edwin is trying to quietly decrease his company’s share, same as he did in the last 30 days. He unloaded another 10,000 shares worth $535,800 USD. The probability of this sell staying hidden is quite small, with the Exec Chairmain – President&CEO today possessing 236,625 shares — that is 0.62% of the total market capitalization of the company.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M had 79 analyst reports since July 24, 2015 according to SRatingsIntel. On Wednesday, October 11 the stock rating was maintained by RBC Capital Markets with “Hold”. Stifel Nicolaus maintained it with “Hold” rating and $244 target in Wednesday, October 25 report. On Friday, July 24 the stock rating was maintained by UBS with “Buy”. Citigroup maintained it with “Buy” rating and $262 target in Wednesday, October 25 report. The stock of 3M Company (NYSE:MMM) earned “Buy” rating by Argus Research on Wednesday, October 25. The firm has “Hold” rating given on Friday, January 26 by Stifel Nicolaus. The stock of 3M Company (NYSE:MMM) has “Outperform” rating given on Friday, September 25 by Credit Suisse. Deutsche Bank maintained 3M Company (NYSE:MMM) rating on Tuesday, August 25. Deutsche Bank has “Hold” rating and $164 target. The stock of 3M Company (NYSE:MMM) has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. Stifel Nicolaus maintained the shares of MMM in report on Thursday, February 15 with “Hold” rating. See 3M Company (NYSE:MMM) latest ratings:

15/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $251.0 Maintain
15/02/2018 Broker: Barclays Capital Rating: Underweight New Target: $235 Initiates Coverage On
13/02/2018 Broker: Deutsche Bank Rating: Buy New Target: $275.0 Upgrade
26/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $262.0 Maintain
25/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $254.0 Maintain
24/01/2018 Broker: Hilliard Lyons Old Rating: Neutral New Rating: Buy Upgrade
23/01/2018 Broker: UBS Rating: Neutral Initiates Coverage On
18/01/2018 Broker: J.P. Morgan Rating: Sell New Target: $221.0 Maintain
10/01/2018 Broker: Deutsche Bank Rating: Hold New Target: $240.0
03/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $240.0 Maintain

The stock decreased 0.09% or $0.21 during the last trading session, reaching $235.36. About 659,196 shares traded. 3M Company (NYSE:MMM) has risen 18.59% since March 8, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Since October 27, 2017, it had 0 buys, and 21 selling transactions for $34.51 million activity. Roman Michael F sold $1.02 million worth of stock or 4,146 shares. Vrohidis Ippocratis had sold 225 shares worth $56,178 on Thursday, February 1. Shares for $1.86 million were sold by Shin Hak Cheol on Thursday, February 1. Gangestad Nicholas C sold $419,846 worth of stock. THULIN INGE G sold $1.59 million worth of 3M Company (NYSE:MMM) on Friday, October 27. 1,500 shares were sold by Little Frank R Jr., worth $351,708 on Friday, October 27. Vale Michael G. also sold $1.54M worth of 3M Company (NYSE:MMM) shares.

3M Company operates as a diversified technology firm worldwide. The company has market cap of $140.16 billion. The companyÂ’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; advanced ceramics; sealants; specialty materials; separation and purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. It has a 29.68 P/E ratio. The Company’s Safety and Graphics Business segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.06, from 0.77 in 2017Q2. It improved, as 59 investors sold 3M Company shares while 612 reduced holdings. 101 funds opened positions while 417 raised stakes. 387.06 million shares or 0.01% more from 387.02 million shares in 2017Q2 were reported. Argent Communications reported 27,924 shares or 1.6% of all its holdings. Eqis Capital Mgmt holds 0.14% or 12,171 shares in its portfolio. Ledyard Bancorp reported 33,821 shares or 0.94% of all its holdings. Compton Ri holds 1.37% or 14,583 shares. Rockland Trust owns 0.2% invested in 3M Company (NYSE:MMM) for 6,225 shares. Catawba Capital Mngmt Va invested in 1.08% or 22,744 shares. Haverford Company reported 46,639 shares. Farmers Savings Bank owns 4,498 shares for 0.57% of their portfolio. Wafra Advisory Gru Ny has invested 0.07% in 3M Company (NYSE:MMM). Wolverine Asset Management Ltd Limited Liability Company invested in 12,943 shares. Boyd Watterson Asset Management Ltd Liability Corporation Oh invested in 0.26% or 2,547 shares. Wharton Business Gru Ltd Liability stated it has 0.04% of its portfolio in 3M Company (NYSE:MMM). Sns Group Ltd Liability Co holds 26,045 shares. The Washington-based Brighton Jones has invested 0.2% in 3M Company (NYSE:MMM). Northstar Grp Inc Inc owns 8,489 shares for 1.03% of their portfolio.

The stock decreased 1.01% or $0.575 during the last trading session, reaching $56.475. About 65,415 shares traded. Ameris Bancorp (NASDAQ:ABCB) has risen 43.77% since March 8, 2017 and is uptrending. It has outperformed by 27.07% the S&P500.

Investors sentiment increased to 1.42 in Q3 2017. Its up 0.29, from 1.13 in 2017Q2. It is positive, as 8 investors sold Ameris Bancorp shares while 53 reduced holdings. 16 funds opened positions while 53 raised stakes. 29.71 million shares or 0.36% less from 29.82 million shares in 2017Q2 were reported. Polaris Management Lc holds 2.48% or 923,768 shares. Delta Asset Mgmt Ltd Liability Tn has 0% invested in Ameris Bancorp (NASDAQ:ABCB) for 200 shares. Swiss Comml Bank accumulated 0% or 62,164 shares. Company Bank & Trust holds 12,305 shares or 0.01% of its portfolio. Ubs Asset Mgmt Americas reported 0% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). Moreover, Gamco Investors Et Al has 0% invested in Ameris Bancorp (NASDAQ:ABCB) for 9,000 shares. Ameritas Partners, a Nebraska-based fund reported 3,188 shares. Moreover, Profund Advisors Lc has 0.01% invested in Ameris Bancorp (NASDAQ:ABCB). Aperio Gp Lc has invested 0% in Ameris Bancorp (NASDAQ:ABCB). Tower Limited Co (Trc) stated it has 5,356 shares. Ls Invest Advsrs Lc owns 3,645 shares for 0.01% of their portfolio. Stieven Capital Advsr Limited Partnership stated it has 0.92% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). Putnam Invests Limited Liability Com reported 47,500 shares stake. Royal Retail Bank Of Canada has invested 0% in Ameris Bancorp (NASDAQ:ABCB). Bancshares Of Montreal Can holds 0% or 2,186 shares.

Ameris Bancorp operates as the holding firm for Ameris Bank that provides banking services to retail and commercial clients primarily in Georgia, Alabama, Florida, and South Carolina. The company has market cap of $2.16 billion. The firm operates through four divisions: Banking Division, Retail Mortgage Division, Warehouse Lending Division, and SBA Division. It has a 28.52 P/E ratio. It offers commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

Among 10 analysts covering Ameris Bancorp (NASDAQ:ABCB), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Ameris Bancorp has $64.0 highest and $30.50 lowest target. $46.50’s average target is -17.66% below currents $56.475 stock price. Ameris Bancorp had 28 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, January 29 by Sandler O’Neill. The firm has “Buy” rating given on Friday, July 21 by Stephens. Piper Jaffray maintained the stock with “Overweight” rating in Wednesday, December 23 report. The rating was maintained by SunTrust on Friday, November 17 with “Buy”. The stock of Ameris Bancorp (NASDAQ:ABCB) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, February 1. Piper Jaffray maintained the stock with “Hold” rating in Friday, July 21 report. The stock of Ameris Bancorp (NASDAQ:ABCB) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. As per Friday, August 14, the company rating was maintained by Wood. The firm has “Hold” rating by Zacks given on Monday, August 24. The firm has “Buy” rating by Wood given on Wednesday, August 19.