Simmons First National Corp (SFNC) Files Form 4 Insider Selling : Steven C Wade Sells 422 Shares

Simmons First National Corp (SFNC): Steven C Wade , EVP & Chief Credit Officer of Simmons First National Corp sold 422 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $47.29 per share for a total value of $19,956.38 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, Steven C Wade (EVP & Chief Credit Officer) sold 422 shares at $47.29 per share price.On May 23, 2016, Robert A Fehlman (SEVP, CFO & Treasurer) sold 2,503 shares at $46.40 per share price.Also, On Feb 2, 2016, Edward Drilling (director) purchased 1,000 shares at $40.54 per share price.On Jan 27, 2016, George Jr Makris (CEO) purchased 10,000 shares at $41.07 per share price.

Simmons First National Corporation: On Friday, May 20, 2016 heightened volatility was witnessed in Simmons First National Corporation which led to swings in the share price. The shares opened for trading at $45.57 and hit $46.7 on the upside , eventually ending the session at $46.15, with a gain of 1.83% or 0.83 points. The heightened volatility saw the trading volume jump to 73,668 shares. The 52-week high of the share price is $58.75 and the company has a market cap of $1,403,375 M . The 52-week low of the share price is at $38.3.

Simmons First National Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Simmons First National Corporation is Downgraded by Sandler O’Neill to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 22, 2016.

Simmons First National Corporation is a financial holding company. The Company’s subsidiary bank is Simmons First National Bank (Simmons Bank or lead bank) which is a national bank. Simmons Bank and its subsidiaries provide banking services to individuals and businesses throughout the market areas they serve. Simmons Bank offers consumer real estate and commercial loans checking savings and time deposits. It also offers products that include credit cards trust services investments agricultural finance lending equipment lending insurance consumer finance and small business administration lending. It conducts banking operations through approximately 100 branches or financial centers located in communities throughout Arkansas Missouri Tennessee and Kansas. Its loan portfolios include loans to businesses (commercial loans commercial real estate loans and agricultural loans) and individuals (consumer loans credit card loans and single-family residential real estate loans).

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