Insider Selling: Carter Bankshares (NASDAQ:CARE) Director Sells 1,500 Shares of Stock

Carter Bankshares Director Robert Bolton sold 1,500 shares of company stock for $51,900, reducing his stake by 2.65% to 55,000 shares. The sale occurred on Thursday, July 30th, with shares trading at an average price of $34.60. Despite missing EPS estimates, the bank's stock rose 0.3% to $34.62, nearing its 52-week high, and it announced a quarterly dividend of $0.10 per share.