A Director at Franklin Financial Network is Exercising Options


Today it was reported that a Director at Franklin Financial Network (FSB), David Kemp, exercised options to buy 20,315 FSB shares at $15.72 a share, for a total transaction value of $319.5K.

This recent transaction increases David Kemp’s holding in the company by 7.15% to a total of $10.45 million. In addition to David Kemp, 3 other FSB executives reported Buy trades in the last month.

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Based on Franklin Financial Network’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $45.66 million and quarterly net profit of $3.74 million. In comparison, last year the company earned revenue of $38.39 million and had a net profit of $2.38 million. FSB’s market cap is $473.7M and the company has a P/E ratio of 13.82. Currently, Franklin Financial Network has an average volume of 98.72K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $33.00, reflecting a 3.5% upside.

The insider sentiment on Franklin Financial Network has been positive according to 50 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Franklin Financial Network, Inc. operates as a bank holding company for Franklin Synergy Bank, which engages in the provision of banking and financial services to small businesses, corporate entities, local governments and individuals.

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