The General Counsel of Live Oak Bancshares (LOB) is Buying Shares


Today, the General Counsel of Live Oak Bancshares (LOB), Seward Gregory, bought shares of LOB for $31.11K.

This recent transaction increases Seward Gregory W’s holding in the company by 24.43% to a total of $182.3K. In addition to Seward Gregory, 9 other LOB executives reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Based on Live Oak Bancshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $66.22 million and quarterly net profit of $14.25 million. In comparison, last year the company earned revenue of $53.23 million and had a net profit of $12.86 million. LOB’s market cap is $609.7M and the company has a P/E ratio of 5.58. Currently, Live Oak Bancshares has an average volume of 298.5K.

The insider sentiment on Live Oak Bancshares has been positive according to 57 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Live Oak Bancshares, Inc. operates as a bank holding company for Live Oak Banking Company, which operates an established national online platform for small business lending. The firm is focused on lending to small businesses and professionals in the veterinary practices, healthcare services, independent pharmacies, death care management, investment advisors, family entertainment centers and poultry agriculture regions. The company was founded by James S. Mahan III in December 2008 and is headquartered in Wilmington, NC.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts