Frank Wicks Buys Shares of Cass Information Systems, Inc. $CASS
Key Points
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Frank Wicks, insider at Cass Information Systems, Inc. ($CASS), bought 262 shares at an average price of $49.44, for a total transaction of $12,953.28. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Cass Information Systems, Inc. Stock Down 12.7%
Shares of Cass Information Systems, Inc. ($CASS) traded around $49.45 on Saturday, down 12.7% for the day.
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Analysts Set New Price Targets
About Cass Information Systems, Inc.
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company operates in two segments, Information Services and Banking Services. Its services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The company also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions, as well as church management software and online platform to provide generosity services for faith-based and non-profit organizations. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as demand, savings, time, and money market deposits; commercial, industrial, commercial real estate, and construction and land development loans; and cash management services to privately held businesses, restaurant franchises, and faith-based ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and a leased facility in Colorado Springs, Colorado. Cass Information Systems, Inc. was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. The company was founded in 1906 and is headquartered in Saint Louis, Missouri.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.