Bofi Holding, Inc. (BOFI) Files Form 4 Insider Selling : Mosich Nick Sells 3,500 Shares

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Bofi Holding, Inc. (BOFI): Mosich Nick , director of Bofi Holding, Inc. sold 3,500 shares on Feb 24, 2017. The Insider selling transaction was reported by the company on Feb 24, 2017 to the Securities and Exchange Commission. The shares were sold at $30.57 per share for a total value of $106,992.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 15, 2016, Mosich Nick (director) sold 6,532 shares at $28.48 per share price.On Nov 30, 2016, Theodore C Allrich (director) sold 10,000 shares at $25.05 per share price.Also, On Feb 22, 2016, James John Court (director) purchased 2,000 shares at $16.76 per share price.On Feb 12, 2016, Andrew J Micheletti (CFO) purchased 1,000 shares at $13.69 per share price.

BofI Holding: On Wednesday, Feb 22, 2017 heightened volatility was witnessed in BofI Holding which led to swings in the share price. The shares opened for trading at $29.51 and hit $30.3999 on the upside , eventually ending the session at $30.28, with a gain of 2.30% or 0.68 points. The heightened volatility saw the trading volume jump to 7,71,337 shares. The 52-week high of the share price is $30.73 and the company has a market cap of $1,919 M . The 52-week low of the share price is at $15.29.

BofI Holding Money Flow Index Chart

BofI Holding Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless distribution channels and affinity partners. The Bank has deposit and loan customers across the nation including consumer and business checking savings and time deposit accounts and financing for single family and multifamily residential properties small-to-medium size businesses in target sectors and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels and its deposits consist of demand savings and time deposits accounts. The Bank distributes its loan products through its retail correspondent and wholesale channels and the loans the Bank retains are primarily first mortgages secured by single family real property and by multifamily real property.

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David Thorn

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