Western Alliance Bancorporation (WAL): Bruce D Beach , director of Western Alliance Bancorporation sold 3,200 shares on Apr 28, 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 $36.87 per share for a total value of $117,981.12 , 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 29, 2016, William S Boyd (director) sold 19,750 shares at $37.06 per share price.On Apr 28, 2016, Robert Gary Sarver (Chairman and CEO) sold 94,646 shares at $36.92 per share price.Also, On Apr 28, 2016, Donald D Snyder (director) sold 15,000 shares at $36.54 per share price.On Apr 27, 2016, Robert Reoch Mcauslan (EVP, Chief Credit Officer) sold 10,000 shares at $36.49 per share price.
Shares of Western Alliance Bancorporation (WAL) ended Wednesday, Apr 27, 2016 session in red amid volatile trading. The shares closed down -0.23 points or -0.62% at $36.97 with 6,21,670 shares getting traded. Post opening the session at $37.16, the shares hit an intraday low of $36.6604 and an intraday high of $37.48 and the price vacillated in this range throughout the day. The company has a market cap of $3,823 M and the number of outstanding shares has been calculated to be 10,34,18,400 shares. The 52-week high of Western Alliance Bancorporation is $39.11 and the 52-week low is $26.6.
Company has been under the radar of several Street Analysts.Western Alliance Bancorporation is Upgraded by Keefe Bruyette to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Mar 30, 2016.Western Alliance Bancorporation is Upgraded by DA Davidson to Buy and the brokerage firm has set the Price Target at $37. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 11, 2016.
Western Alliance Bancorporation (WAL) is a bank holding company. The Company provides a range of deposits lending treasury management and online banking products and services through its banking subsidiary Western Alliance Bank (the Bank). The Company’s segments are Arizona Nevada Southern California Northern California Central Business Line (CBL) and Corporate & Other. Its Arizona Nevada and California segments provide full-service banking and related services to their respective markets. It provides a range of financial services to customers including commercial real estate (CRE) loans construction and land development loans commercial loans and consumer loans through the Bank and its banking divisions and operating subsidiaries. It offers a range of deposit products including checking accounts money market accounts and other types of deposit accounts such as fixed-rate and fixed maturity retail certificates of deposit.