Poage Bankshares, Inc. (PBSK) Files Form 4 Insider Buying : Thomas Burnette Buys 5,001 Shares

Poage Bankshares, Inc. (PBSK): Thomas Burnette , director of Poage Bankshares, Inc. purchased 5,001 shares on Jun 7, 2016. The Insider buying transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.40 per share for a total value of $82,016.40 , 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 6, 2016, John C Jr Stewart (director) purchased 1,200 shares at $16.67 per share price.On Dec 18, 2015, Stuart N. Moore (director) purchased 2,029 shares at $16.50 per share price.Also, On Dec 17, 2015, Miles R Armentrout (EVP and CCO) sold 700 shares at $16.77 per share price.On Dec 8, 2015, Stephen S. Burchett (director) purchased 50 shares at $16.76 per share price.

Poage Bankshares Inc: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Poage Bankshares Inc which led to swings in the share price. The shares opened for trading at $16.475 and hit $16.69 on the upside , eventually ending the session at $16.65, with a gain of 1.34% or 0.22 points. The heightened volatility saw the trading volume jump to 37,002 shares. The 52-week high of the share price is $18.85 and the company has a market cap of $64 M . The 52-week low of the share price is at $15.1.

Poage Bankshares Inc Money Flow Index Chart

Poage Bankshares Inc. is a holding company for Town Square Bank (Town Square). Town Square’s business consists of accepting savings accounts and certificates of deposits from the general public and investing those deposits together with funds generated from operations and borrowings primarily in first lien one-to-four-family mortgage loans and commercial and multi-family real estate loans consumer loans consisting of automobile loans and home equity loans and lines of credit and construction loans. Town Square purchases investment securities consisting of mortgage-backed securities issued by the United States Government agencies and government-sponsored enterprises and obligations of state and political subdivisions. Town Square provides financial services to individuals families and businesses through its banking offices located in and around Ashland and Nicholasville Kentucky.

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