Large Outflow of Money Witnessed in Live Oak Bancshares

Live Oak Bancshares (NASDAQ:LOB) had an volatile session and gained 0.03 points till last call. The price was at $15.71, gaining 0.19% till the last intraday data. The total uptick value was $0.33 million while the total downtick value was $0.96 million. The shares saw a net money flow of $(-0.63) million and the up/down ratio stood at 0.34. The stock has seen a change of of -1.81% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-0.69) million. Almost $0 million were received in upticks and approximately $0.69 million were lost in downticks, thereby giving the up/down ratio of 0.


Currently the company Insiders own 29.8% of Live Oak Bancshares shares according to the proxy statements. Institutional Investors own 31.52% of Live Oak Bancshares shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Live Oak Bancshares, Inc., Jackson Don, had purchased 16,787 shares in a transaction dated on December 9, 2015. The transaction was executed at $13.49 per share with total amount equaling $226,457.

Live Oak Bancshares (NASDAQ:LOB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.41 points or 2.61% at $15.3 with 122,948 shares getting traded. Post opening the session at $15.5, the shares hit an intraday low of $15.11 and an intraday high of $15.74 and the price was in this range throughout the day. The company has a market cap of $523 million and the number of outstanding shares have been calculated to be 34,191,173 shares. The 52-week high of Live Oak Bancshares (NASDAQ:LOB) is $21.25 and the 52-week low is $12.095.

Live Oak Bancshares, Inc. is a bank holding company. Through its subsidiary, Live Oak Banking Company (the Bank), it is engaged in providing lending services to small businesses across the United States in targeted industries. The Bank offers a national online platform for small business lending. The Bank offers a range of short and medium-term, commercial and construction loans partially guaranteed by the United States Small Business Administration (SBA), to small businesses and professionals. The Banks investment securities portfolio includes available-for-sale securities. The Banks available-for-sale securities include agency direct obligations, agency mortgage-backed securities and mutual funds. The Banks sources of funds include deposits. In addition to Live Oak Banking Company, Live Oak Bancshares, Inc.s subsidiaries include Government Loan Solutions, Inc., 504 Fund Advisors, LLC and Independence Aviation, LLC.

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