Servisfirst Bancshares, Inc. (SFBS): Andrew N Kattos , EVP, Regional CEO of Servisfirst Bancshares, Inc. sold 5,000 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $46.06 per share for a total value of $230,290.00 according the SEC Form 4 Filing.
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: On Monday, Apr 11, 2016 heightened volatility was witnessed in ServisFirst Bancshares which led to swings in the share price. The shares opened for trading at $45.4 and hit $45.7 on the upside , eventually ending the session at $45.59, with a gain of 0.80% or 0.36 points. The heightened volatility saw the trading volume jump to 1,95,477 shares. The 52-week high of the share price is $49.88 and the company has a market cap of $1,192 M . The 52-week low of the share price is at $24.77.
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.