What Did This CEO Just Do with Personal Shares of Seacoast Banking Corporation Of Florida (SBCF)?


Yesterday, the Chairman & CEO of Seacoast Banking Corporation Of Florida (SBCF), Dennis S. Hudson, sold shares of SBCF for $234.5K.

Following Dennis S. Hudson’s last SBCF Sell transaction on November 09, 2017, the stock climbed by 5.4%. In addition to Dennis S. Hudson, 3 other SBCF executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Seacoast Banking Corporation Of Florida’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $82.77 million and quarterly net profit of $15.96 million. In comparison, last year the company earned revenue of $80.1 million and had a net profit of $13.05 million. SBCF’s market cap is $1.51B and the company has a P/E ratio of 21.34. Currently, Seacoast Banking Corporation Of Florida has an average volume of 220.2K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $31.50, reflecting a 7.0% upside.

The insider sentiment on Seacoast Banking Corporation Of Florida has been negative according to 62 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Dennis S. Hudson’s trades have generated a -11.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. 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.

Seacoast Banking Corp. of Florida is a bank holding company of Seacoast National Bank, which engages in the provision of financial services. It offers commercial and retail banking, wealth management, treasury management solutions, mobile banking, and mortgage services to. The company was founded in 1983 and is headquartered in Stuart, FL.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts