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Live Oak Bancshares Inc (LOB) CEO James S Mahan Iii Bought $5.4 million of Shares

- By insider

CEO of Live Oak Bancshares Inc (LOB) James S Mahan Iii bought 334,454 shares of LOB on 12/12/2018 at an average price of $16.08 a share. The total cost of this purchase was $5.4 million.

Live Oak Bancshares Inc is a nationwide lender to small businesses. It offers loans comprising small business administration loans; conventional commercial business loans to small- and medium-sized businesses; and construction loans. Live Oak Bancshares Inc has a market cap of $609.840 million; its shares were traded at around $15.19 with a P/E ratio of 5.30 and P/S ratio of 2.24. The dividend yield of Live Oak Bancshares Inc stocks is 0.78%.


CEO Recent Trades:

  • CEO, 10% Owner James S Mahan Iii bought 334,454 shares of LOB stock on 12/12/2018 at the average price of $16.08. The price of the stock has decreased by 5.53% since.

Directors and Officers Recent Trades:

  • Director H K Landis bought 2,000 shares of LOB stock on 12/12/2018 at the average price of $14.13. The price of the stock has increased by 7.5% since.
  • Vice Chairman & EVP William L. Williams Iii bought 20,000 shares of LOB stock on 12/12/2018 at the average price of $14.86. The price of the stock has increased by 2.22% since.
  • President Neil Lawrence Underwood bought 15,546 shares of LOB stock on 12/12/2018 at the average price of $16.08. The price of the stock has decreased by 5.53% since.
  • President, Live Oak Bank Huntley Garriott bought 30,000 shares of LOB stock on 12/12/2018 at the average price of $14.66. The price of the stock has increased by 3.62% since.
  • Director Miltom Emmett Petty bought 3,000 shares of LOB stock on 12/11/2018 at the average price of $13.64. The price of the stock has increased by 11.36% since.

For the complete insider trading history of LOB, click here

.This article first appeared on GuruFocus.