Thomasville National Bank Invests Heavily in Johnson & Johnson Stock
Thomasville National Bank has purchased 17,243 shares of Johnson & Johnson stock during the second quarter. The purchase is valued at approximately $4,379,000. This is a significant investment in the company, which has seen its stock price fluctuate over the past year.
Johnson & Johnson's stock opened at $262.55 on Friday, with a 50-day moving average price of $251.37 and a two-hundred day moving average price of $241.06. The company's P/E ratio is 30.42, and its beta is 0.24.
Insider transactions have also been taking place at Johnson & Johnson. EVP Elizabeth Forminard sold 15,918 shares in a transaction dated August 6th. This represents a 48.37% decrease in their ownership of the stock.