First Citizens Bancshares Inc /de/ (FCNCA): Robert R Hoppe , director of First Citizens Bancshares Inc /de/ purchased 33 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $252.83 per share for a total value of $8,343.39 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 12, 2016, Frank B Holding (10% owner) purchased 100 shares at $225.00 per share price.On Jan 12, 2016, Frank B Jr Holding (CEO) purchased 100 shares at $224.66 per share price.Also, On May 20, 2015, Hope Holding Bryant (Vice Chairman) sold 5,585 shares at $251.03 per share price.On May 20, 2015, Olivia Britton Holding (10% owner) sold 6,585 shares at $249.01 per share price.
First Citizens BancShares: On Friday, May 6, 2016 heightened volatility was witnessed in First Citizens BancShares which led to swings in the share price. The shares opened for trading at $246.742 and hit $251.44 on the upside , eventually ending the session at $251.19, with a gain of 0.35% or 0.87 points. The heightened volatility saw the trading volume jump to 10,035 shares. The 52-week high of the share price is $269.5 and the company has a market cap of $3,017 M . The 52-week low of the share price is at $213.74.
First Citizens BancShares Inc. (BancShares) is a financial holding company. The Company conducts operations through its banking subsidiary First-Citizens Bank & Trust Company (FCB). The Company provides treasury services products cardholder and merchant services wealth management services and various other products and services offered by commercial banks. The Company invests the liquidity generated from funding sources in interest-earning assets including loans and leases investment securities and overnight investments. It also invests in bank premises hardware software furniture and equipment used to conduct its commercial banking business. FCB and FCB-SC operates in Arizona California Colorado Florida Georgia Kansas Maryland Missouri New Mexico North Carolina Oklahoma Oregon South Carolina Tennessee Texas Virginia Washington and West Virginia and the District of Columbia.