Liberty Tax, Inc. (TAX) Files Form 4 Insider Buying : Robert M Howard Buys 20,200 Shares

Liberty Tax, Inc. (TAX): Robert M Howard , director of Liberty Tax, Inc. purchased 20,200 shares on Jul 6, 2016. The Insider buying transaction was reported by the company on Jul 7, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.15 per share for a total value of $264,092.06 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 5, 2016, Ellen M Mcdowell (director) sold 2,000 shares at $13.48 per share price.On Jun 29, 2016, Robert M Howard (director) purchased 3,800 shares at $12.29 per share price.Also, On Jan 15, 2016, Michael Piper (President, JTH Financial, LLC) purchased 1,250 shares at $18.94 per share price.On Jul 17, 2015, Business Services Ltd Datatax (10% owner) sold 144,395 shares at $24.56 per share price.

Shares of Liberty Tax Inc (TAX) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.38 points or -2.82% at $13.11 with 48,167 shares getting traded. Post opening the session at $13.37, the shares hit an intraday low of $12.98 and an intraday high of $13.37 and the price vacillated in this range throughout the day. The company has a market cap of $169 M and the number of outstanding shares has been calculated to be 1,28,94,756 shares. The 52-week high of Liberty Tax Inc is $26.84 and the 52-week low is $9.95.

Liberty Tax Inc Money Flow Index Chart

Liberty Tax Inc. formerly JTH Holding Inc. is a holding company for JTH Tax Inc. The Company provides retail federal and state income tax preparation services in the United States and Canada. The Company has two operating segments: U.S. operations and Canadian operations. The Company’s tax preparation services and related tax settlement products are offered primarily through franchised locations. The Company also provides tax preparation services through its online tax return products. All of the Company’s offices are operated under the Liberty Tax Service and SiempreTax+ brands. The Company offers a franchise purchase program rent to own which allows existing franchisees to acquire additional territories with minimal risk. The Company offers two types of tax settlement financial products: refund transfer products which include providing a means by which a customer receives his or her refund and refund-based loans which is marketed as an Instant Cash Advance (ICA).

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