Westamerica Bancorporation (WABC) Files Form 4 Insider Selling : John A Thorson Sells 1,397 Shares

Westamerica Bancorporation (WABC): John A Thorson , SVP/Chief Financial Officer of Westamerica Bancorporation sold 1,397 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $48.72 per share for a total value of $68,061.51 , 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, David L Robinson (SVP/Banking Division Manager) sold 91,427 shares at $50.20 per share price.On Apr 27, 2016, Dennis R Hansen (SVP/Systems & Operations Mgr.) sold 1,220 shares at $50.22 per share price.Also, On Apr 27, 2016, John A Thorson (SVP/Chief Financial Officer) sold 34,558 shares at $50.24 per share price.On Jul 17, 2015, Russell W Rizzardi (SVP/Chief Credit Administrator) sold 66 shares at $51.46 per share price.

Shares of Westamerica Bancorporation (WABC) ended Wednesday, Apr 27, 2016 session in red amid volatile trading. The shares closed down -0.33 points or -0.65% at $50.2 with 1,76,661 shares getting traded. Post opening the session at $50.34, the shares hit an intraday low of $49.79 and an intraday high of $50.91 and the price vacillated in this range throughout the day. The company has a market cap of $1,275 M and the number of outstanding shares has been calculated to be 2,54,00,087 shares. The 52-week high of Westamerica Bancorporation is $52.4 and the 52-week low is $40.52.

Westamerica Bancorporation Money Flow Index Chart

Westamerica Bancorporation is a bank holding company. The Company provides a full range of banking services to individual and corporate customers in Northern and Central California through its subsidiary bank Westamerica Bank (WAB). WAB owns 100% of the capital stock of Community Banker Services Corporation (CBSC) a company engaged in providing the Company and its subsidiaries with data processing services and other support functions. The Company provides banking services for businesses such as online services checking savings loans and lines of credit cash management merchant services ExpressDeposit Remote Deposit Capture business trust services bank owned property and preventing business losses. The Company provides banking services for individual customers such as online services checking savings trust services loans and lines of credit overdraft service order checks and manage your account.

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