Servisfirst Bancshares, Inc. (SFBS) Files Form 4 Insider Selling : Buford Harrison Iii Morris Sells 10,000 Shares

Servisfirst Bancshares, Inc. (SFBS): Buford Harrison Iii Morris , EVP, Regional CEO of Servisfirst Bancshares, Inc. sold 10,000 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were sold at $49.79 per share for a total value of $497,900.00 , 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 21, 2016, Michael D. Fuller (director) purchased 1,075 shares at $49.99 per share price.On Apr 19, 2016, Andrew N Kattos (EVP, Regional CEO) sold 10,000 shares at $49.08 per share price.Also, On Mar 1, 2016, William M Foshee (CFO/EVP) sold 1,866 shares at $36.99 per share price.On Feb 16, 2016, Thomas G. Trouche (CEO) purchased 180 shares at $35.59 per share price.

ServisFirst Bancshares: On Friday, Apr 22, 2016 heightened volatility was witnessed in ServisFirst Bancshares which led to swings in the share price. The shares opened for trading at $49 and hit $49.93 on the upside , eventually ending the session at $49.62, with a gain of 0.24% or 0.12 points. The heightened volatility saw the trading volume jump to 2,00,868 shares. The 52-week high of the share price is $50.42 and the company has a market cap of $1,297 M . The 52-week low of the share price is at $24.77.

ServisFirst Bancshares Money Flow Index Chart

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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