Fidelity Southern Corp (LION): W Clyde Iii Shepherd , director of Fidelity Southern Corp purchased 245 shares on Jun 10, 2016. The Insider buying transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.32 per share for a total value of $3,998.00 , 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 9, 2016, W Clyde Iii Shepherd (director) purchased 250 shares at $15.98 per share price.On Feb 8, 2016, Rankin M Jr Smith (director) purchased 6,305 shares at $14.48 per share price.Also, On Jan 27, 2016, James B Jr Miller (Chairman) purchased 6,230 shares at $16.02 per share price.On Dec 1, 2015, Stephen H Brolly (Chief Financial Officer) sold 20,000 shares at $22.78 per share price.
Shares of Fidelity Southern Corporation (LION) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.12 points or -0.73% at $16.27 with 31,734 shares getting traded. Post opening the session at $16.16, the shares hit an intraday low of $16.15 and an intraday high of $16.44 and the price vacillated in this range throughout the day. The company has a market cap of $414 M and the number of outstanding shares has been calculated to be 2,54,71,552 shares. The 52-week high of Fidelity Southern Corporation is $23.05 and the 52-week low is $14.01.
Company has been under the radar of several Street Analysts.Fidelity Southern Corporation is Initiated by FBR Capital to Mkt Perform and the brokerage firm has set the Price Target at $18. The Rating was issued on May 18, 2016.
Fidelity Southern Corporation (FSC) is a bank holding company. The Company conducts operations primarily though Fidelity Bank a state chartered wholly owned subsidiary bank (the Bank). LionMark Insurance Company is a wholly owned subsidiary of FSC and is an insurance agency offering consumer credit related insurance products. The Company provides an array of financial products and services for business and retail customers primarily in the metropolitan Atlanta and northern Florida markets. The Company’s customers are primarily individuals and small and medium sized businesses. Mortgage loans indirect automobile loans and Small Business Administration (SBA) loans are provided in 12 Southern states. It offers products and services through a network of offices located in Southern states consisting of around 45 retail bank branches and 25 loan production offices.