Porter Bancorp, Inc. (PBIB) Files Form 4 Insider Selling : Maria L Bouvette Sells 5,000 Shares

Porter Bancorp, Inc. (PBIB): Maria L Bouvette , 10% owner of Porter Bancorp, Inc. sold 5,000 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $1.75 per share for a total value of $8,765.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, James M. Parsons (director) purchased 2,500 shares at $1.93 per share price.On May 4, 2016, Norman Marcus Satterthwaite (director) purchased 4,500 shares at $1.96 per share price.Also, On May 4, 2016, John T. Taylor (President) purchased 250,000 shares at $1.30 per share price.On May 4, 2016, Bradford T Ray (director) purchased 250,000 shares at $1.30 per share price.

Porter Bancorp (PBIB) witnessed a volatile trading activity on Friday Jun 3, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $1.81 and reached the intraday high at $1.81. The bulls started the profit booking and pushed the shares to intraday low of $1.81. The trading session was marked by a volume range of 125 shares exchanging hands. The 52-week high of the shares is $2.55 and the 52-week low is $1.021. The market cap of the company stands at $56 M and there are 3,09,44,177 shares in public circulation.

Porter Bancorp Money Flow Index Chart

Porter Bancorp Inc. is a bank holding company. The Company’s wholly owned subsidiary is PBI Bank (the Bank). The Bank is a community bank with a range of commercial and personal banking products. Its lending services include real estate loans commercial loans mortgage loans and consumer loans to small to medium-sized businesses the owners and employees of those businesses as well as other executives and professionals. It also offers an array of retail and commercial deposit products. It offers its customers banking facilities automatic teller machines night depository personalized checks credit cards debit cards Internet banking mobile banking treasury management services remote deposit services electronic funds transfers through automated clearing house services domestic and foreign wire transfers cash management vault services lock box services along with loan and deposit sweep accounts. It offers savings accounts and money market accounts among others.

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