Meta Financial Group Inc (CASH) Files Form 4 Insider Selling : Ira Duane Frericks Sells 2,469 Shares

Meta Financial Group Inc (CASH): Ira Duane Frericks , EVP/Chief Operating Officer of Meta Financial Group Inc sold 2,469 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $49.01 per share for a total value of $120,981.72 , 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 2, 2016, Frederick V Moore (director) sold 550 shares at $41.90 per share price.On Feb 5, 2016, Elizabeth G. Hoople (director) purchased 1,000 shares at $39.73 per share price.Also, On Aug 11, 2015, Ronald Wayne Butterfield (EVP/Chief Admin Officer) sold 3,119 shares at $48.95 per share price.

Meta Financial Group: On Wednesday, May 4, 2016 heightened volatility was witnessed in Meta Financial Group which led to swings in the share price. The shares opened for trading at $48.67 and hit $49.24 on the upside , eventually ending the session at $49.01, with a gain of 0.14% or 0.07 points. The heightened volatility saw the trading volume jump to 72,014 shares. The 52-week high of the share price is $53.51 and the company has a market cap of $416 M . The 52-week low of the share price is at $36.22.

Meta Financial Group Money Flow Index Chart

Company has been under the radar of several Street Analysts.Meta Financial Group is Initiated by Keefe Bruyette to Outperform. The Rating was issued on Apr 7, 2016.

Meta Financial Group Inc. is a unitary savings and loan holding company. The Company operates through its banking subsidiary MetaBank. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis. Its segments include Retail Banking and Meta Payment Systems (MPS). The Retail Banking segment includes AFS/IBEX Financial Services Inc. (AFS/IBEX). It operates as a community bank providing deposit loan and other related products. MPS provides a range of products and services to financial institutions and other businesses including issuance of prepaid debit cards sponsorship of automated teller machines (ATM) into the debit networks credit programs automated clearing house (ACH) origination services gift card programs rebate programs travel programs and tax-related programs and services.

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