Southside Bancshares Inc (SBSI) Files Form 4 Insider Selling : Alton Jr Cade Sells 1,000 Shares

Southside Bancshares Inc (SBSI): Alton Jr Cade , director of Southside Bancshares Inc sold 1,000 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $30.17 per share for a total value of $30,170.00 , 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 10, 2016, Brian K Mccabe (EVP & Secretary) sold 1,100 shares at $29.50 per share price.On May 4, 2016, John Robert Garrett (director) purchased 48 shares at $29.14 per share price.Also, On Mar 22, 2016, Tim Carter (REGIONAL PRESIDENT, NORTH TX) sold 7,000 shares at $25.78 per share price.On Mar 22, 2016, Peter M Boyd (Regional President, Central TX) sold 10,000 shares at $26.25 per share price.

Shares of Southside Bancshares (SBSI) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -0.69% at $30.26 with 1,04,305 shares getting traded. Post opening the session at $30.13, the shares hit an intraday low of $29.79 and an intraday high of $30.51 and the price vacillated in this range throughout the day. The company has a market cap of $793 M and the number of outstanding shares has been calculated to be 2,62,18,159 shares. The 52-week high of Southside Bancshares is $30.9 and the 52-week low is $18.609523.

Southside Bancshares Money Flow Index Chart

Southside Bancshares Inc. (Southside) is a bank holding company for Southside Bank (the Bank). The Company is a community-focused financial institution that offers a range of financial services to individuals businesses municipal entities and nonprofit organizations in the communities that the Company serves. The Company operates through approximately 64 banking centers approximately 19 of which are located in grocery stores and approximately 26 motor bank facilities. Its services include consumer and commercial loans deposit accounts trust services safe deposit services and brokerage services. The Company’s consumer loan services include one-to-four family residential mortgage loans home equity loans home improvement loans automobile loans and other installment loans.

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