The EVP, CFO of ServisFirst Bancshares (SFBS) is Selling Shares


Today, the EVP, CFO of ServisFirst Bancshares (NASDAQ: SFBS), William Foshee, sold shares of SFBS for $509.6K.

Following William Foshee’s last SFBS Sell transaction on October 26, 2017, the stock climbed by 1.6%. In addition to William Foshee, one other SFBS executive reported Sell trades in the last month.

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Based on ServisFirst Bancshares’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $83.86 million and quarterly net profit of $33.54 million. In comparison, last year the company earned revenue of $68.34 million and had a net profit of $24.16 million. SFBS’s market cap is $2.26B and the company has a P/E ratio of 20.49. Currently, ServisFirst Bancshares has an average volume of 15.56K.

In the last 30 days, insiders have sold $509.6K worth of SFBS shares and purchased $241.4K worth of SFBS shares. The insider sentiment on ServisFirst Bancshares has been negative according to 33 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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ServisFirst Bancshares, Inc. is a bank holding company, which engages in the provision of consumer and commercial banking services. It also offers other loans and accept deposits, electronic banking such as online and mobile banking, remote deposit capture, deliver treasury and cash management, and correspondent banking to other financial institutions.

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