Atlantic Capital Bancshares, Inc. (ACBI) Files Form 4 Insider Selling : Douglas Lloyd Williams Sells 4,500 Shares

Atlantic Capital Bancshares, Inc. (ACBI): Douglas Lloyd Williams , Chief Executive Officer of Atlantic Capital Bancshares, Inc. sold 4,500 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $14.33 per share for a total value of $64,494.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, Anita M. Hill (EVP HR & Communications) sold 1,000 shares at $14.04 per share price.On May 17, 2016, Douglas Lloyd Williams (Chief Executive Officer) sold 2,131 shares at $14.03 per share price.Also, On May 10, 2016, Larry D. Mauldin (director) purchased 1,000 shares at $14.30 per share price.On May 10, 2016, Richard A. Jr. Oglesby (EVP, Chief Credit/Risk Officer) sold 4,000 shares at $14.07 per share price.

Company has been under the radar of several Street Analysts.Atlantic Capital Bancshares Inc is Initiated by FBR Capital to Mkt Perform and the brokerage firm has set the Price Target at $16. The Rating was issued on May 18, 2016.

Atlantic Capital Bancshares Inc. is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a full service locally-managed commercial bank and is focused on the primary markets of Metropolitan Atlanta the State of Georgia and the southeastern United States. The Bank provides an array of credit treasury management and deposit products and services to emerging growth businesses middle market corporations commercial real estate developers and investors and private clients. The Company offers a range of loans which include commercial loans residential and consumer loans. The Company’s available-for-sale securities consists of the United States government agencies the United States’ states and political divisions trust preferred securities corporate debt securities and residential mortgage-backed securities-agency. Its deposits consist of non-interest-bearing demand interest bearing checking savings money market and time deposits.

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