Heritage Commerce Corp (HTBK): J Philip Dinapoli , director of Heritage Commerce Corp purchased 1,000 shares on Jun 3, 2016. The Insider buying transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.78 per share for a total value of $10,778.30 , 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 25, 2016, Michael Eugene Benito (EVP) sold 540 shares at $10.00 per share price.On May 10, 2016, David Porter (EVP/CCO) sold 1,800 shares at $10.45 per share price.
Heritage Commerce Corp.: On Friday, Jun 3, 2016 heightened volatility was witnessed in Heritage Commerce Corp. which led to swings in the share price. The shares opened for trading at $10.72 and hit $10.81 on the upside , eventually ending the session at $10.79, with a gain of 0.37% or 0.04 points. The heightened volatility saw the trading volume jump to 21,797 shares. The 52-week high of the share price is $12.38 and the company has a market cap of $347 M . The 52-week low of the share price is at $8.8401.
Heritage Commerce Corp is a bank holding company. The Company through its wholly owned subsidiary Heritage Bank of Commerce (HBC or the Bank) provides a range of banking services. HBC is a California state-chartered multi-community independent bank that offers a range of commercial banking services to small and medium-sized businesses and their owners managers and employees. The Company operates through 11 full-service branch offices located entirely in the southern and eastern regions of the general San Francisco Bay Area of California in the counties of Santa Clara Alameda Contra Costa and San Benito. The Company offers arrange of lending and deposit services. The Company’s subsidiary BVF/CSNK Acquisition Corp. (Bay View Funding or BVF) provides business-essential working capital factoring financing to various industries across the United States.