Western Alliance Bancorporation (WAL) Files Form 4 Insider Selling : Donald D Snyder Sells 15,000 Shares

Western Alliance Bancorporation (WAL): Donald D Snyder , director of Western Alliance Bancorporation sold 15,000 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $37.09 per share for a total value of $556,350.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Patricia A Taylor (EVP, Chief Risk Officer) sold 5,078 shares at $37.28 per share price.On May 31, 2016, Todd Marshall (director) sold 35,000 shares at $37.12 per share price.Also, On May 27, 2016, Duane Ralph Froeschle (Executive Vice President) sold 10,907 shares at $37.00 per share price.On May 26, 2016, M Nafees Nagy (director) sold 100,000 shares at $36.64 per share price.

Shares of Western Alliance Bancorporation (WAL) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.81 points or -2.12% at $37.46 with 16,18,367 shares getting traded. Post opening the session at $37.95, the shares hit an intraday low of $36.74 and an intraday high of $37.96 and the price vacillated in this range throughout the day. The company has a market cap of $3,878 M and the number of outstanding shares has been calculated to be 10,35,10,488 shares. The 52-week high of Western Alliance Bancorporation is $39.11 and the 52-week low is $26.6.

Western Alliance Bancorporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Western Alliance Bancorporation is Upgraded by Keefe Bruyette to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Mar 30, 2016.

Western Alliance Bancorporation (WAL) is a bank holding company. The Company provides a range of deposits lending treasury management and online banking products and services through its banking subsidiary Western Alliance Bank (the Bank). The Company’s segments are Arizona Nevada Southern California Northern California Central Business Line (CBL) and Corporate & Other. Its Arizona Nevada and California segments provide full-service banking and related services to their respective markets. It provides a range of financial services to customers including commercial real estate (CRE) loans construction and land development loans commercial loans and consumer loans through the Bank and its banking divisions and operating subsidiaries. It offers a range of deposit products including checking accounts money market accounts and other types of deposit accounts such as fixed-rate and fixed maturity retail certificates of deposit.

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