Liberty Tax, Inc. (TAX): Ellen M Mcdowell , director of Liberty Tax, Inc. sold 2,000 shares on Jul 13, 2016. The Insider selling transaction was reported by the company on Jul 15, 2016 to the Securities and Exchange Commission. The shares were sold at $14.01 per share for a total value of $28,022.40 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 7, 2016, Robert M Howard (director) purchased 20,200 shares at $13.15 per share price.On Jul 5, 2016, Ellen M Mcdowell (director) sold 2,000 shares at $13.48 per share price.Also, On Jan 15, 2016, Michael Piper (President, JTH Financial, LLC) purchased 1,250 shares at $18.94 per share price.On Jul 17, 2015, Business Services Ltd Datatax (10% owner) sold 144,395 shares at $24.56 per share price.
Liberty Tax Inc: On Friday, Jul 15, 2016 heightened volatility was witnessed in Liberty Tax Inc which led to swings in the share price. The shares opened for trading at $14.14 and hit $14.99 on the upside , eventually ending the session at $14.62, with a gain of 4.43% or 0.62 points. The heightened volatility saw the trading volume jump to 1,15,174 shares. The 52-week high of the share price is $26.84 and the company has a market cap of $189 M . The 52-week low of the share price is at $9.95.
Liberty Tax Inc. formerly JTH Holding Inc. is a holding company for JTH Tax Inc. The Company provides retail federal and state income tax preparation services in the United States and Canada. The Company has two operating segments: U.S. operations and Canadian operations. The Company’s tax preparation services and related tax settlement products are offered primarily through franchised locations. The Company also provides tax preparation services through its online tax return products. All of the Company’s offices are operated under the Liberty Tax Service and SiempreTax+ brands. The Company offers a franchise purchase program rent to own which allows existing franchisees to acquire additional territories with minimal risk. The Company offers two types of tax settlement financial products: refund transfer products which include providing a means by which a customer receives his or her refund and refund-based loans which is marketed as an Instant Cash Advance (ICA).