First Horizon National Corp (FHN) Files Form 4 Insider Buying : R Brad Martin Buys 533 Shares

First Horizon National Corp (FHN): R Brad Martin , director of First Horizon National Corp purchased 533 shares on Jun 10, 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 $26.12 per share for a total value of $13,910.31 , 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 13, 2016, Vicki R Palmer (director) sold 6,362 shares at $13.93 per share price.On Jun 9, 2016, R Brad Martin (director) purchased 5,267 shares at $25.94 per share price.Also, On May 16, 2016, William C Iii Losch (EVP and CFO) sold 18,200 shares at $13.73 per share price.On May 16, 2016, John M Daniel (EVP & Chief HR Officer) sold 10,090 shares at $13.64 per share price.

Shares of First Horizon National Corp (FHN) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -1.28% at $13.92 with 28,14,896 shares getting traded. Post opening the session at $13.93, the shares hit an intraday low of $13.77 and an intraday high of $13.975 and the price vacillated in this range throughout the day. The company has a market cap of $3,237 M and the number of outstanding shares has been calculated to be 23,25,47,030 shares. The 52-week high of First Horizon National Corp is $16.345 and the 52-week low is $11.51.

First Horizon National Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.First Horizon National Corp is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 15 from a previous price target of $14 .The Rating was issued on Apr 18, 2016.

First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary First Tennessee Bank National Association (the Bank). FHN operates through four segments: regional banking capital markets corporate and non-strategic. As of December 31 2014 FHN’s subsidiaries had over 200 business locations in the United States and Hong Kong. As of December 31 2014 the Bank had 182 branch locations in seven states: 168 branches in Tennessee; 2 branches in northwestern Georgia; 7 branches in northwestern Mississippi; 2 branches in North Carolina and one branch each in Virginia South Carolina and Florida. At December 31 2014 FTN Financial products and services were offered through 27 offices in total including 26 offices in 16 states across the United States plus an office in Hong Kong.

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