Bb&t Corp (BBT) Files Form 4 Insider Selling : K. David Jr. Boyer Sells 2,500 Shares

Bb&t Corp (BBT): K. David Jr. Boyer , director of Bb&t Corp sold 2,500 shares on Apr 28, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $35.73 per share for a total value of $89,319.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 23, 2016, I. Patricia Henry (director) sold 2,800 shares at $34.50 per share price.On Nov 12, 2015, Cynthia A Williams (Sr. Executive Vice President) sold 3,271 shares at $38.58 per share price.Also, On Nov 10, 2015, Donna C Goodrich (Sr. Executive Vice President) sold 7,311 shares at $39.10 per share price.On Nov 6, 2015, Steven B Wiggs (Sr. Exec. V.P.) sold 12,000 shares at $37.82 per share price.

Shares of BB&T Corporation (BBT) ended Wednesday, Apr 27, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.03% at $36.15 with 57,75,393 shares getting traded. Post opening the session at $36.17, the shares hit an intraday low of $35.86 and an intraday high of $36.5 and the price vacillated in this range throughout the day. The company has a market cap of $28,213 M and the number of outstanding shares has been calculated to be 78,04,51,430 shares. The 52-week high of BB&T Corporation is $41.9 and the 52-week low is $29.95.

BB&T Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.BB&T Corporation is Downgraded by Raymond James to Outperform. Earlier the firm had a rating of Strong Buy on the company shares. The Rating was issued on Apr 7, 2016.BB&T Corporation is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 40 from a previous price target of $41 . The Rating was issued on Apr 6, 2016.BB&T Corporation is Resumed by Deutsche Bank to Hold and the brokerage firm has set the Price Target at $39. The Rating was issued on Apr 5, 2016.BB&T Corporation is Downgraded by Piper Jaffray to Underweight and the brokerage firm has set the Price Target at $35. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 28, 2016.BB&T Corporation is Reiterated by Compass Point to Neutral while Lowering the Price Target of the company shares to $ 39 from a previous price target of $41 . The Rating was issued on Mar 17, 2016.

BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary Branch Bank and other nonbank subsidiaries. BB&T’s operations are divided into six reportable business segments: Community Banking Residential Mortgage Banking Dealer Financial Services Specialized Lending Insurance Services and Financial Services and Other Treasury and Corporate. Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets including small and mid-size businesses public agencies local governments and individuals through 1839 offices as of December 31 2014. BB&T’s subsidiaries offer a range of retail and commercial services to retail and commercial clients.

Leave a Reply

BB&T Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on BB&T Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.