Green Bancorp, Inc. (GNBC) Files Form 4 Insider Buying : Geoffrey D. Greenwade Buys 38,000 Shares

Green Bancorp, Inc. (GNBC): Geoffrey D. Greenwade , President of Green Bancorp, Inc. purchased 38,000 shares on Jun 13, 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 $8.86 per share for a total value of $336,680.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 7, 2016, Manuel J Mehos (CEO) purchased 15,400 shares at $8.67 per share price.On Feb 22, 2016, Stefanie L. Shelley (director) purchased 4,000 shares at $7.01 per share price.Also, On Feb 11, 2016, Alan M Silberstein (director) purchased 3,600 shares at $6.90 per share price.On Feb 3, 2016, Donald S. Perschbacher (Sr EVP/Corp Chief Credit Ofc) purchased 10,000 shares at $6.94 per share price.

Shares of Green Bancorp Inc (GNBC) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.07 points or -0.79% at $8.82 with 1,10,131 shares getting traded. Post opening the session at $8.81, the shares hit an intraday low of $8.68 and an intraday high of $9 and the price vacillated in this range throughout the day. The company has a market cap of $323 M and the number of outstanding shares has been calculated to be 3,66,10,464 shares. The 52-week high of Green Bancorp Inc is $15.79 and the 52-week low is $6.61.

Green Bancorp Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Green Bancorp Inc is Upgraded by Hovde Group to Outperform and the brokerage firm has raised the Price Target to $ 9.75 from a previous price target of $8.25 .Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Jun 8, 2016.Green Bancorp Inc is Downgraded by Sun Trust Rbsn Humphrey to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 29, 2016.

Green Bancorp Inc. (the Bank) is a bank holding company. The Bank’s wholly owned subsidiary Green Bank N.A. is a nationally chartered commercial bank. Green Bank provides commercial and private banking services primarily to Texas based customers through 16 full service branches in the Houston Dallas Austin and Louisville metropolitan statistical areas (MSAs). The Bank offer a full suite of online banking solutions including access to account balances online transfers online bill payment and electronic delivery of customer statements as well as extended drive-through hours automated teller machines (ATMs) Bank at Work and banking by telephone mail and personal appointment. It also offers debit cards night depository direct deposit cashier’s and travelers checks and letters of credit as well as treasury management services wire transfer services and automated clearing house (ACH) services.

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