Servisfirst Bancshares, Inc. (SFBS) Files Form 4 Insider Selling : Andrew N Kattos Sells 10,000 Shares

Servisfirst Bancshares, Inc. (SFBS): Andrew N Kattos , EVP, Regional CEO of Servisfirst Bancshares, Inc. sold 10,000 shares on Apr 19, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $49.08 per share for a total value of $490,850.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 13, 2016, Andrew N Kattos (EVP, Regional CEO) sold 5,000 shares at $46.06 per share price.On Mar 1, 2016, William M Foshee (CFO/EVP) sold 1,866 shares at $36.99 per share price.Also, On Feb 16, 2016, Thomas G. Trouche (CEO) purchased 180 shares at $35.59 per share price.On Feb 10, 2016, Michael D. Fuller (director) purchased 3,490 shares at $37.36 per share price.

ServisFirst Bancshares: On Monday, Apr 18, 2016 heightened volatility was witnessed in ServisFirst Bancshares which led to swings in the share price. The shares opened for trading at $47.12 and hit $48.41 on the upside , eventually ending the session at $48.35, with a gain of 2.22% or 1.05 points. The heightened volatility saw the trading volume jump to 1,45,495 shares. The 52-week high of the share price is $49.88 and the company has a market cap of $1,264 M . The 52-week low of the share price is at $24.77.

ServisFirst Bancshares Money Flow Index Chart

Currently the company Insiders own 13.49% of ServisFirst Bancshares shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -1.02%.Institutional Investors own 28.7% of ServisFirst Bancshares shares.During last six month period, the net percent change held by insiders has seen a change of -2.42%.

ServisFirst Bancshares Inc. is a bank holding company. The Company through its wholly owned subsidiary ServisFirst Bank (the Bank) operates 13 banking offices located in Jefferson Shelby Madison Montgomery Houston and Mobile Counties of Alabama and in Escambia County Florida in the metropolitan statistical areas (MSAs) of Birmingham-Hoover Huntsville Montgomery Dothan and Mobile Alabama and Pensacola-Ferry Pass-Brent Florida. Additionally it operates a loan production office in Davidson County of Tennessee in the Nashville MSA. Through its bank the Company originates commercial consumer and other loans and accepts deposits provides electronic banking services such as online and mobile banking including remote deposit capture deliver treasury and cash management services and provides correspondent banking services to other financial institutions.

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