Lakeland Financial Corp (LKFN) Files Form 4 Insider Buying : Charles E Niemier Buys 612 Shares

Lakeland Financial Corp (LKFN): Charles E Niemier , director of Lakeland Financial Corp purchased 612 shares on May 5, 2016. The Insider buying transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $47.33 per share for a total value of $28,965.96 , 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 16, 2016, Brian J Smith (director) purchased 112 shares at $44.77 per share price.On Feb 26, 2016, M Scott Welch (director) purchased 40 shares at $41.40 per share price.Also, On Feb 10, 2016, Kristin Pruitt (Executive Vice President) sold 1,900 shares at $42.29 per share price.On Feb 8, 2016, Charles E Niemier (director) purchased 600 shares at $41.65 per share price.

Lakeland Financial Corporation: On Wednesday, May 4, 2016 heightened volatility was witnessed in Lakeland Financial Corporation which led to swings in the share price. The shares opened for trading at $46.63 and hit $47.2 on the upside , eventually ending the session at $47.02, with a gain of 0.47% or 0.22 points. The heightened volatility saw the trading volume jump to 68,764 shares. The 52-week high of the share price is $49.49 and the company has a market cap of $785 M . The 52-week low of the share price is at $38.71.

Lakeland Financial Corporation Money Flow Index Chart

Lakeland Financial Corporation (Lakeland Financial) is a bank holding company. The Company through its wholly owned subsidiary Lake City Bank provides an array of products and services throughout its Northern and Central Indiana markets. The Company offers commercial and consumer banking services as well as trust and wealth management brokerage and treasury management commercial services. The Company serves a range of industries including among others manufacturing agriculture construction retail services healthcare and transportation. The Company provides commercial retail trust and investment management services to its customers. The Bank’s activities cover all phases of commercial banking including deposit products commercial and consumer lending retail and merchant credit card services corporate treasury management services and wealth advisory trust and brokerage services.

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