Legacytexas Financial Group, Inc. (LTXB) Files Form 4 Insider Buying : Greg Wilkinson Buys 1,000 Shares

Legacytexas Financial Group, Inc. (LTXB): Greg Wilkinson , director of Legacytexas Financial Group, Inc. purchased 1,000 shares on Apr 28, 2016. The Insider buying transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.73 per share for a total value of $24,730.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 27, 2016, George A. Fisk (director) sold 3,000 shares at $25.00 per share price.On Feb 3, 2016, Greg Wilkinson (director) purchased 1,500 shares at $19.26 per share price.Also, On Feb 3, 2016, Thomas S Swiley (EVP, Chief Lending Officer) purchased 2,000 shares at $18.85 per share price.On Feb 1, 2016, Arcilia Acosta (director) purchased 5,125 shares at $19.52 per share price.

Shares of LegacyTexas Financial Group Inc (LTXB) ended Wednesday, Apr 27, 2016 session in red amid volatile trading. The shares closed down -0.33 points or -1.32% at $24.59 with 2,99,018 shares getting traded. Post opening the session at $24.81, the shares hit an intraday low of $24.45 and an intraday high of $25.06 and the price vacillated in this range throughout the day. The company has a market cap of $1,172 M and the number of outstanding shares has been calculated to be 4,76,45,826 shares. The 52-week high of LegacyTexas Financial Group Inc is $32.5 and the 52-week low is $16.79.

LegacyTexas Financial Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.LegacyTexas Financial Group Inc is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 26 from a previous price target of $24 .The Rating was issued on Apr 21, 2016.LegacyTexas Financial Group Inc is Reiterated by DA Davidson to Buy and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $26 .The Rating was issued on Apr 21, 2016.LegacyTexas Financial Group Inc is Upgraded by Raymond James to Strong Buy. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 20, 2016.

LegacyTexas Financial Group Inc. formerly ViewPoint Financial Group Inc. is a stock holding company for its wholly owned subsidiary LegacyTexas Bank. The Company’s principal business consists of attracting retail deposits from the general public and the business community and investing those funds along with borrowed funds in commercial real estate loans secured and unsecured commercial and industrial loans as well as permanent loans secured by first and second mortgages on owner-occupied one- to four-family residences and consumer loans. The Warehouse Purchase Program allows mortgage banking company customers to close one- to four-family real estate loans in the own name and manage its cash flow needs until the loans are sold to investors. It offers brokerage services for the purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement.

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