Insider Sales at FCB Financial Holdings (FCB) Extends the Selling Trend of Last Quarter

Wednesday, August 02, 2017 10:15 PM ET

Insider Sales at FCB Financial Holdings (FCB) Extends the Selling Trend of Last Quarter

Three insiders — Vincent Tese, Director and Officer, Paul A Novelly, Director, and Les J Lieberman, Director and Officer — today, disposed of 49,518 shares of FCB Financial Holdings having a market value of approximately $2,336,931, as revealed in form 4 documents filed with the SEC. In the past 90 days prior to this transaction there was one insider buy/sell transaction which resulted in the sale of 10,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 59,518 shares and have averaged 14,880 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at FCB Financial Holdings is above the 172-company peer group average. Commercial Banks peer group saw 253 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for FCB Financial Holdings insiders was also higher. Within the peer group there were 235,707 shares purchased and 1,009,372 shares sold with company insiders selling 3,058 shares on average.

The data obtained in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Today’s Insider Activity
* Vincent Tese, Director and Officer, sold 19,964 shares
* Paul A Novelly, Director, sold 10,000 shares
* Les J Lieberman, Director and Officer, sold 19,554 shares

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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