Central Federal Corp (CFBK) Files Form 4 Insider Buying : Robert E Hoeweler Buys 2,000 Shares

Central Federal Corp (CFBK): Robert E Hoeweler , director of Central Federal Corp purchased 2,000 shares on May 18, 2016. The Insider buying transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.39 per share for a total value of $2,780.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2015, Robert E Hoeweler (director) purchased 1,060 shares at $1.36 per share price.On Jun 2, 2015, Thomas P Ash (director) purchased 1,000 shares at $1.38 per share price.Also, On Jun 2, 2015, Timothy T O’dell (CEO) purchased 9,100 shares at $1.38 per share price.On May 28, 2015, John W Jr Helmsdoerfer (CFO) purchased 1,000 shares at $1.39 per share price.

Shares of Central Federal Corporation (CFBK) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -1.46% at $1.35 with 6,022 shares getting traded. Post opening the session at $1.35, the shares hit an intraday low of $1.35 and an intraday high of $1.39 and the price vacillated in this range throughout the day. The company has a market cap of $21,632 M and the number of outstanding shares has been calculated to be 16,02,40,00,000 shares. The 52-week high of Central Federal Corporation is $1.5 and the 52-week low is $1.1.

Central Federal Corporation Money Flow Index Chart

Central Federal Corporation is a holding company of CFBank. CFBank is a savings institution. The Company attracts retail and business deposits from the general public and use the deposits together with borrowings and other funds primarily to originate commercial and commercial real estate loans single-family and multi-family residential mortgage loans and home equity lines of credit. The majority of the Company’s customers are small businesses small business owners and consumers. The Company’s primary sources of funds are retail and business deposit accounts and certificates of deposit brokered certificates of deposit and to a lesser extent principal and interest payments on loans and securities Federal Home Loan Bank (FHLB) advances other borrowings and proceeds from the sale of loans. The loan portfolio consists primarily of commercial commercial real estate and multi-family mortgage loans mortgage loans secured by single-family residences and consumer loans.

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