Home Bancshares Inc (HOMB): Milburn Adams , director of Home Bancshares Inc purchased 750 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $41.28 per share for a total value of $30,959.93 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 23, 2016, Robert F Jr Birch (Centennial Bank Regional Pres.) sold 19,151 shares at $39.35 per share price.On Nov 25, 2015, Kevin Hester (Chief Lending Officer) sold 2,000 shares at $45.50 per share price.Also, On Nov 17, 2015, Jim F Jr Haynes (Centennial Bank Regional Pres.) sold 500 shares at $44.08 per share price.On Oct 26, 2015, Alex R Lieblong (director) sold 50,000 shares at $43.74 per share price.
Home Bancshares Inc: On Monday, May 16, 2016 heightened volatility was witnessed in Home Bancshares Inc which led to swings in the share price. The shares opened for trading at $40.45 and hit $41.33 on the upside , eventually ending the session at $41.05, with a gain of 1.86% or 0.75 points. The heightened volatility saw the trading volume jump to 1,66,238 shares. The 52-week high of the share price is $47.5 and the company has a market cap of $2,881 M . The 52-week low of the share price is at $33.22.
Company has been under the radar of several Street Analysts.Home Bancshares Inc is Initiated by Piper Jaffray to Neutral and the brokerage firm has set the Price Target at $44.50. The Rating was issued on Apr 7, 2016.
Home BancShares Inc. is a bank holding company. The company is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses real estate developers and investors individuals and municipalities through its wholly owned community bank subsidiary Centennial Bank (the Bank). The Bank has locations in Arkansas Florida and South Alabama. The Company provides loans to single and multi-family real estate residential construction and commercial buildings. In addition it also makes loans to small and medium-sized commercial businesses as well as to consumers. Securities held to maturity include any security for which the Company has the positive intent and ability to hold until maturity. It offers a range of deposit services including checking savings money market accounts and certificates of deposit. The Company obtains its deposits from individuals and small businesses and municipalities in its market areas.