Sierra Bancorp (BSRR) Files Form 4 Insider Selling : Gordon T Woods Sells 5,000 Shares

Sierra Bancorp (BSRR): Gordon T Woods , director of Sierra Bancorp sold 5,000 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $17.16 per share for a total value of $85,800.00 , 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 5, 2016, Michael Olague (EVP/Chief Banking Officer) sold 3,692 shares at $17.36 per share price.On Apr 16, 2015, Gordon T Woods (director) sold 2,500 shares at $16.75 per share price.

Sierra Bancorp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Sierra Bancorp which led to swings in the share price. The shares opened for trading at $16.89 and hit $17.25 on the upside , eventually ending the session at $17.18, with a gain of 2.26% or 0.38 points. The heightened volatility saw the trading volume jump to 30,410 shares. The 52-week high of the share price is $21.7 and the company has a market cap of $228 M . The 52-week low of the share price is at $15.5.

Sierra Bancorp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Sierra Bancorp is Initiated by Sandler O’Neill to Hold. The Rating was issued on Feb 26, 2016.

Sierra Bancorp is a bank holding company. The Company operates through its principal subsidiary Bank of the Sierra (the Bank). The Bank is a state-chartered bank that offers a range of retail and commercial banking services to communities in the central and southern sections of the San Joaquin Valley. The Bank operates 28 full service branch offices throughout its geographic footprint as well as an Internet branch which provides the ability to open deposit accounts online. The Bank maintains a diversified loan portfolio consisting of agricultural commercial consumer real estate construction and mortgage loans. It offer a range of deposit products for individuals and businesses including checking accounts savings accounts money market demand accounts time deposits retirement accounts and sweep accounts. The Company’s direct subsidiaries are Sierra Statutory Trust II and Sierra Capital Trust III.

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