Servisfirst Bancshares, Inc. (SFBS) Files Form 4 Insider Selling : Andrew N Kattos Sells 11,741 Shares

Servisfirst Bancshares, Inc. (SFBS): Andrew N Kattos , EVP, Regional CEO of Servisfirst Bancshares, Inc. sold 11,741 shares on Sep 23, 2016. The Insider selling transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were sold at $52.39 per share for a total value of $615,111.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 27, 2016, Andrew N Kattos (EVP, Regional CEO) sold 11,741 shares at $52.39 per share price.On Sep 6, 2016, Michael D. Fuller (director) purchased 324 shares at $51.81 per share price.Also, On Aug 12, 2016, Rex D Mckinney (EVP, Regional CEO) sold 48,000 shares at $50.31 per share price.On Jun 8, 2016, Kenneth Lee Barber (EVP, Regional CEO) sold 10,000 shares at $51.49 per share price.

ServisFirst Bancshares: On Thursday, Sep 22, 2016 heightened volatility was witnessed in ServisFirst Bancshares which led to swings in the share price. The shares opened for trading at $51.97 and hit $52.75 on the upside , eventually ending the session at $52.62, with a gain of 1.56% or 0.81 points. The heightened volatility saw the trading volume jump to 68,752 shares. The 52-week high of the share price is $53.58 and the company has a market cap of $1,381 M . The 52-week low of the share price is at $34.12.

ServisFirst Bancshares Money Flow Index Chart

On Sep 19, 2016, ServisFirst Bancshares announced a cash dividend of $0.0800. The company’s management has announced Sep 30, 2016 as the ex-dividend date and fixed the record date on Oct 4, 2016. The payable date has been fixed on Oct 14, 2016.

ServisFirst Bancshares Inc. is a bank holding company. The Company through its wholly owned subsidiary ServisFirst Bank (the Bank) operates 13 banking offices located in Jefferson Shelby Madison Montgomery Houston and Mobile Counties of Alabama and in Escambia County Florida in the metropolitan statistical areas (MSAs) of Birmingham-Hoover Huntsville Montgomery Dothan and Mobile Alabama and Pensacola-Ferry Pass-Brent Florida. Additionally it operates a loan production office in Davidson County of Tennessee in the Nashville MSA. Through its bank the Company originates commercial consumer and other loans and accepts deposits provides electronic banking services such as online and mobile banking including remote deposit capture deliver treasury and cash management services and provides correspondent banking services to other financial institutions.

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