Pinnacle Financial Partners (NASDAQ:PNFPP) Trading Up 0.9%

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) was up 0.9% during trading on Wednesday . The company traded as high as $23.59 and last traded at $23.56. Approximately 5,069 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 12,379 shares. The stock had previously closed at $23.36.

Pinnacle Financial Partners Stock Up 0.9 %

The stock’s fifty day moving average price is $23.66 and its 200 day moving average price is $23.22.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pinnacle Financial Partners stock. Thompson Investment Management Inc. bought a new position in shares of Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $47,000.

Pinnacle Financial Partners Company Profile

Pinnacle Financial Partners, Inc, together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, which includes online wire origination, enhanced ACH origination services, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services.