Simmons First National Corporation (SFNC) is Downgraded by Sandler O’Neill to Sell

Simmons First National Corporation (SFNC) was Downgraded by Sandler O’Neill to ” Sell”. Earlier the firm had a rating of “Hold ” on the company shares. Sandler O’Neill advised their investors in a research report released on Nov 22, 2016.

Many Wall Street Analysts have commented on Simmons First National Corporation. Simmons First National Corporation was Downgraded by Keefe Bruyette to ” Mkt Perform” on Oct 26, 2016.

Simmons First National Corporation opened for trading at $58.4 and hit $60.6005 on the upside on Monday, eventually ending the session at $60, with a gain of 3.18% or 1.85 points. The heightened volatility saw the trading volume jump to 2,02,428 shares. Company has a market cap of $1,876 M.

In a different news, on May 25, 2016, Steven C Wade (EVP & Chief Credit Officer) sold 422 shares at $47.29 per share price. According to the SEC, on May 23, 2016, Robert A Fehlman (SEVP, CFO & Treasurer) sold 2,503 shares at $46.40 per share price. On Feb 2, 2016, Edward Drilling (director) purchased 1,000 shares at $40.54 per share price, according to the Form-4 filing with the securities and exchange commission.

Simmons First National Corporation is a financial holding company. The Company’s subsidiary bank is Simmons First National Bank (Simmons Bank or lead bank) which is a national bank. Simmons Bank and its subsidiaries provide banking services to individuals and businesses throughout the market areas they serve. Simmons Bank offers consumer real estate and commercial loans checking savings and time deposits. It also offers products that include credit cards trust services investments agricultural finance lending equipment lending insurance consumer finance and small business administration lending. It conducts banking operations through approximately 100 branches or financial centers located in communities throughout Arkansas Missouri Tennessee and Kansas. Its loan portfolios include loans to businesses (commercial loans commercial real estate loans and agricultural loans) and individuals (consumer loans credit card loans and single-family residential real estate loans).

Simmons First National Corporation

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Simmons First National Corporation - Is it time to Sell?

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