First Citizens Bancshares Inc /de/ (FCNCA): Frank B Jr Holding , CEO of First Citizens Bancshares Inc /de/ purchased 600 shares on Jun 27, 2016. The Insider buying transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were purchased at $217.60 per share for a total value of $130,700.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 29, 2016, John M Alexander (director) purchased 500 shares at $238.15 per share price.On May 9, 2016, Robert R Hoppe (director) purchased 33 shares at $252.83 per share price.Also, On Jan 12, 2016, Frank B Holding (10% owner) purchased 100 shares at $225.00 per share price.On Jan 12, 2016, Frank B Jr Holding (CEO) purchased 100 shares at $224.66 per share price.
Shares of First Citizens BancShares (FCNCA) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -9.44 points or -3.93% at $230.54 with 22,971 shares getting traded. Post opening the session at $237.01, the shares hit an intraday low of $229.505 and an intraday high of $237.01 and the price vacillated in this range throughout the day. The company has a market cap of $2,769 M and the number of outstanding shares has been calculated to be 1,20,10,405 shares. The 52-week high of First Citizens BancShares is $269.5 and the 52-week low is $213.74.
First Citizens BancShares Inc. (BancShares) is a financial holding company. The Company conducts operations through its banking subsidiary First-Citizens Bank & Trust Company (FCB). The Company provides treasury services products cardholder and merchant services wealth management services and various other products and services offered by commercial banks. The Company invests the liquidity generated from funding sources in interest-earning assets including loans and leases investment securities and overnight investments. It also invests in bank premises hardware software furniture and equipment used to conduct its commercial banking business. FCB and FCB-SC operates in Arizona California Colorado Florida Georgia Kansas Maryland Missouri New Mexico North Carolina Oklahoma Oregon South Carolina Tennessee Texas Virginia Washington and West Virginia and the District of Columbia.