Seacoast Banking Corp Of Florida (SBCF) Files Form 4 Insider Buying : Julie H Daum Buys 5,000 Shares

Seacoast Banking Corp Of Florida (SBCF): Julie H Daum , director of Seacoast Banking Corp Of Florida purchased 5,000 shares on May 4, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.69 per share for a total value of $78,525.60 , 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 11, 2016, Stephen E Bohner (director) sold 4 shares at $15.13 per share price.On Feb 5, 2016, H Gilbert Jr Culbreth (director) purchased 128 shares at $14.25 per share price.Also, On Nov 9, 2015, Julie H Daum (director) purchased 3,200 shares at $15.75 per share price.On Jun 1, 2015, David D Houdeshell (EVP & Chief Credit Officer) sold 500 shares at $14.85 per share price.

Seacoast Banking Corporation of Florida: On Friday, May 20, 2016 heightened volatility was witnessed in Seacoast Banking Corporation of Florida which led to swings in the share price. The shares opened for trading at $16.71 and hit $16.85 on the upside , eventually ending the session at $16.7, with a gain of 0.48% or 0.08 points. The heightened volatility saw the trading volume jump to 90,939 shares. The 52-week high of the share price is $16.95 and the company has a market cap of $633,297 M . The 52-week low of the share price is at $13.4.

Seacoast Banking Corporation of Florida Money Flow Index Chart

Company has been under the radar of several Street Analysts.Seacoast Banking Corporation of Florida is Upgraded by Hovde Group to Outperform and the brokerage firm has raised the Price Target to $ 18.25 from a previous price target of $16 .Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on May 11, 2016.Seacoast Banking Corporation of Florida is Initiated by Sun Trust Rbsn Humphrey to Neutral. The Rating was issued on Apr 11, 2016.Seacoast Banking Corporation of Florida is Upgraded by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $16 .Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Mar 29, 2016.

Seacoast Banking Corporation of Florida is a bank holding company. The Company’s principal subsidiary is Seacoast National Bank a national banking association (Seacoast National). The Company and its subsidiaries offer an array of deposit accounts and retail banking services engage in consumer and commercial lending and provide a range of trust and asset management services as well as securities and annuity products to its customers. Its indirect wholly owned subsidiaries include FNB Insurance Services Inc. South Branch Building Inc. TCoast Holdings LLC and BR West LLC. It also offers Internet and mobile banking to business and retail customers. It allows customers to access transactional information on their deposit accounts review loan and deposit balances transfer funds between linked accounts and make deposits to and loan payments from a deposit account. It has total deposits of approximately $2.8 billion.

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