Everbank Financial Corp (EVER): Gerald S Armstrong , director of Everbank Financial Corp sold 40,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $13.98 per share for a total value of $559,320.00 , 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 4, 2016, Merrick R Kleeman (director) purchased 25,000 shares at $13.13 per share price.On Dec 3, 2015, Robert J Jr Mylod (director) sold 5,000 shares at $17.14 per share price.Also, On Aug 19, 2015, Gerald S Armstrong (director) sold 20,000 shares at $20.47 per share price.On Aug 10, 2015, John S Surface (Executive Vice President) sold 55,000 shares at $20.28 per share price.
EverBank Financial Corp: On Monday, May 16, 2016 heightened volatility was witnessed in EverBank Financial Corp which led to swings in the share price. The shares opened for trading at $13.67 and hit $14.04 on the upside , eventually ending the session at $14.01, with a gain of 2.94% or 0.4 points. The heightened volatility saw the trading volume jump to 6,69,435 shares. The 52-week high of the share price is $21.18 and the company has a market cap of $1,755 M . The 52-week low of the share price is at $12.32.
Company has been under the radar of several Street Analysts.EverBank Financial Corp is Upgraded by Compass Point to Buy and the brokerage firm has set the Price Target at $16.50. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 13, 2016.EverBank Financial Corp 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 28, 2016.
EverBank Financial Corp is a unitary savings and loan holding company. The Company markets and distributes its banking products and services through its online and mobile financial portal financial centers in targeted Florida markets and other national business relationships. Its consumer and commercial lending businesses target clients through retail and commercial lending offices in metropolitan markets throughout the country. The Company operates in three segments: Consumer Banking Commercial Banking and Corporate Services. Its Consumer Banking segment includes consumer deposit services and activities residential lending and servicing wealth management and capital markets. The Commercial Banking segment includes commercial deposit services and activities commercial and commercial real estate lending lender finance equipment finance and mortgage warehouse finance. Its Corporate Services segment provides support services to the Consumer and Commercial Banking segments.