Seacoast Banking Corp Of Florida (SBCF) Files Form 4 Insider Selling : Stephen E Bohner Sells 4 Shares

Seacoast Banking Corp Of Florida (SBCF): Stephen E Bohner , director of Seacoast Banking Corp Of Florida sold 4 shares on Mar 18, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $15.13 per share for a total value of $60.52.

Company has been under the radar of several Street Analysts.Seacoast Banking Corporation of Florida is Upgraded by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $16 .Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Mar 29, 2016.

Currently the company Insiders own 28.2% of Seacoast Banking Corporation of Florida shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 1.25%.Institutional Investors own 51.81% of Seacoast Banking Corporation of Florida shares.During last six month period, the net percent change held by insiders has seen a change of 15.18%.

Shares of Seacoast Banking Corporation of Florida (SBCF) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.06% at $15.96 with 76,633 shares getting traded. Post opening the session at $15.96, the shares hit an intraday low of $15.79 and an intraday high of $16.11 and the price vacillated in this range throughout the day. The company has a market cap of $553 M and the number of outstanding shares has been calculated to be 3,46,28,589 shares. The 52-week high of Seacoast Banking Corporation of Florida is $16.95 and the 52-week low is $13.4.

Seacoast Banking Corporation of Florida Money Flow Index Chart

Seacoast Banking Corporation of Florida is a bank holding company. The Company’s principal subsidiary is Seacoast National Bank a national banking association (Seacoast National). The Company and its subsidiaries offer an array of deposit accounts and retail banking services engage in consumer and commercial lending and provide a range of trust and asset management services as well as securities and annuity products to its customers. Its indirect wholly owned subsidiaries include FNB Insurance Services Inc. South Branch Building Inc. TCoast Holdings LLC and BR West LLC. It also offers Internet and mobile banking to business and retail customers. It allows customers to access transactional information on their deposit accounts review loan and deposit balances transfer funds between linked accounts and make deposits to and loan payments from a deposit account. It has total deposits of approximately $2.8 billion.

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