Southcoast Financial Corp (SOCB) Files Form 4 Insider Buying : Robert Marshall Scott Buys 501 Shares

Southcoast Financial Corp (SOCB): Robert Marshall Scott , Treasurer of Southcoast Financial Corp purchased 501 shares on Apr 10, 2015. The Insider buying transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.99 per share for a total value of $3,000.99 , 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 17, 2016, Robert A Jr Daniel (Chief Lending Officer) purchased 201 shares at $5.99 per share price.On Jun 17, 2016, William Benjamin Seabrook (COO) purchased 251 shares at $5.99 per share price.Also, On Jun 17, 2016, William Richard Billings (Senior Credit Officer) purchased 551 shares at $5.99 per share price.On Jun 17, 2016, William C Heslop (CFO) purchased 251 shares at $5.99 per share price.

Shares of Southcoast Financial Corporation (SOCB) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -1.35% at $13.86 with 13,995 shares getting traded. Post opening the session at $14.28, the shares hit an intraday low of $13.81 and an intraday high of $14.28 and the price vacillated in this range throughout the day. The company has a market cap of $98 M and the number of outstanding shares has been calculated to be 71,03,751 shares. The 52-week high of Southcoast Financial Corporation is $17.9 and the 52-week low is $7.94.

Southcoast Financial Corporation Money Flow Index Chart

Southcoast Financial Corporation is the bank holding company for Southcoast Community Bank (the Bank) a South Carolina state bank. The Bank offers a range of commercial banking services. Deposit services include business and personal checking accounts negotiable order of withdrawal (NOW) accounts savings accounts money market accounts various term certificates of deposit and individual retirement accounts (IRA). The Bank offers secured and unsecured short-to-intermediate term loans with floating and fixed interest rates for commercial consumer and residential purposes. The Bank also offers residential mortgage loan origination services safe deposit boxes business courier service night depository service electronic banking MasterCard brand credit cards tax deposits and 24-hour automated teller machines. The Bank operates from its offices in Mt. Pleasant Charleston Moncks Corner Johns Island Summerville Goose Creek and North Charleston South Carolina.

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