Boston Private Financial Holdings Inc (BPFH): Clayton Deutsch , CEO and President of Boston Private Financial Holdings Inc sold 30,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $11.86 per share for a total value of $355,800.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, John Iii Morton (director) sold 12,263 shares at $11.92 per share price.On Feb 4, 2016, Corey Griffin (CEO) purchased 10,820 shares at $10.02 per share price.Also, On Dec 11, 2015, Martha Higgins (EVP, Chief HR Officer) sold 4,446 shares at $11.20 per share price.On Dec 3, 2015, Peter J. Raimondi (Pres, Boton Private Wealth LLC) sold 110,000 shares at $12.05 per share price.
Boston Private Financial Hldg Inc: On Monday, May 16, 2016 heightened volatility was witnessed in Boston Private Financial Hldg Inc which led to swings in the share price. The shares opened for trading at $11.72 and hit $11.925 on the upside , eventually ending the session at $11.85, with a gain of 1.54% or 0.18 points. The heightened volatility saw the trading volume jump to 3,26,414 shares. The 52-week high of the share price is $13.82 and the company has a market cap of $983 M . The 52-week low of the share price is at $9.34.
Boston Private Financial Holdings Inc. is the bank holding company of Boston Private Bank & Trust Company. It is a wealth management company that offers a range of wealth management services to high net worth individuals families businesses and select institutions. The Company conducts its business through its four segments: Private Banking Wealth Management and Trust Investment Management and Wealth Advisory. The Private Banking segment is engaged in providing private banking services to high net worth individuals privately owned businesses private partnerships and nonprofit organizations. The Wealth Management and Trust segment provides wealth management solutions for high net worth individuals and families. The Investment Managers specialize in equity portfolios with products across the capitalization spectrum. The Wealth Advisory segment provides planning-based financial strategies to high net worth individuals and their families and non-profit institutions.