First Foundation Inc. (FFWM): John Michel , CFO of First Foundation Inc. purchased 1,500 shares on Jun 14, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.41 per share for a total value of $32,115.00 , 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 2, 2016, Victoria Collins (director) sold 5,000 shares at $22.41 per share price.On Sep 14, 2015, James G Brakke (director) purchased 1,668 shares at $21.11 per share price.Also, On Aug 13, 2015, John Hakopian (President, FFA) purchased 5,000 shares at $19.25 per share price.On Aug 13, 2015, Warren D Fix (director) purchased 25,000 shares at $19.25 per share price.
First Foundation Inc: On Friday, Jun 10, 2016 heightened volatility was witnessed in First Foundation Inc which led to swings in the share price. The shares opened for trading at $22.14 and hit $22.4 on the upside , eventually ending the session at $22.28, with a gain of 0.09% or 0.02 points. The heightened volatility saw the trading volume jump to 45,307 shares. The 52-week high of the share price is $24.8899 and the company has a market cap of $358 M . The 52-week low of the share price is at $18.7.
First Foundation Inc. is a financial services and bank holding company. The Company provides a platform of personalized financial services to high net-worth individuals and their families family businesses and other affiliated organizations. It conducts its operations through its wholly owned subsidiaries: First Foundation Advisors (FFA) and First Foundation Bank (FFB) and First Foundation Insurance Services (FFIS) a wholly owned subsidiary of FFB. The Company has two business segments: Banking and Investment Management Wealth Planning and Consulting (Wealth Management). Banking includes the operations of FFB and FFIS and Wealth Management includes the operations of FFA. FFB offers specialized services including trust services online banking remote deposit capture merchant credit card services ATM cards Visa debit cards business sweep accounts and through FFIS insurance brokerage services. FFA provides investment management and financial planning services.