Legacytexas Financial Group, Inc. (LTXB) Files Form 4 Insider Selling : George A. Fisk Sells 3,000 Shares

Legacytexas Financial Group, Inc. (LTXB): George A. Fisk , director of Legacytexas Financial Group, Inc. sold 3,000 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $26.39 per share for a total value of $79,177.80 , 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 2, 2016, Greg Wilkinson (director) purchased 1,000 shares at $24.73 per share price.On Apr 27, 2016, George A. Fisk (director) sold 3,000 shares at $25.00 per share price.Also, On Feb 3, 2016, Thomas S Swiley (EVP, Chief Lending Officer) purchased 2,000 shares at $18.85 per share price.On Feb 1, 2016, Arcilia Acosta (director) purchased 5,125 shares at $19.52 per share price.

LegacyTexas Financial Group Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in LegacyTexas Financial Group Inc which led to swings in the share price. The shares opened for trading at $26.55 and hit $27.05 on the upside , eventually ending the session at $26.84, with a gain of 1.24% or 0.33 points. The heightened volatility saw the trading volume jump to 3,15,156 shares. The 52-week high of the share price is $32.5 and the company has a market cap of $1,279 M . The 52-week low of the share price is at $16.79.

LegacyTexas Financial Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.LegacyTexas Financial Group Inc is Resumed by FBR Capital to Outperform and the brokerage firm has set the Price Target at $30. The Rating was issued on May 18, 2016.LegacyTexas Financial Group Inc is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 26 from a previous price target of $24 .The Rating was issued on Apr 21, 2016.LegacyTexas Financial Group Inc is Reiterated by DA Davidson to Buy and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $26 .The Rating was issued on Apr 21, 2016.LegacyTexas Financial Group Inc is Upgraded by Raymond James to Strong Buy. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 20, 2016.

LegacyTexas Financial Group Inc. formerly ViewPoint Financial Group Inc. is a stock holding company for its wholly owned subsidiary LegacyTexas Bank. The Company’s principal business consists of attracting retail deposits from the general public and the business community and investing those funds along with borrowed funds in commercial real estate loans secured and unsecured commercial and industrial loans as well as permanent loans secured by first and second mortgages on owner-occupied one- to four-family residences and consumer loans. The Warehouse Purchase Program allows mortgage banking company customers to close one- to four-family real estate loans in the own name and manage its cash flow needs until the loans are sold to investors. It offers brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement.

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