A Director at State Bank Finl Corp (NASDAQ: STBZ) is Selling Shares

By Carrie Williams

Today, a Director at State Bank Finl Corp (NASDAQ: STBZ), John Houser, sold shares of STBZ for $126.9K.

Following John Houser’s last STBZ Sell transaction on May 25, 2016, the stock climbed by 3.7%. In addition to John Houser, one other STBZ executive reported Sell trades in the last month.

Based on State Bank Finl Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $51.08 million and quarterly net profit of $12.09 million. In comparison, last year the company earned revenue of $48.71 million and had a net profit of $8.85 million. The company has a one year high of $25.86 and a one year low of $17.34. STBZ’s market cap is $927.9M and the company has a P/E ratio of 18.91.

The insider sentiment on State Bank Finl Corp has been neutral according to 26 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

State Bank Financial Corp. operates as a bank holding company. The company primarily conducts business through its wholly-owned banking subsidiary, State Bank & Trust Co. The bank operates a full service banking business and offers commercial and retail banking products. Its services include business banking, commercial banking, private and professional banking and payroll banking. State Bank Financial was founded in January 2010 and is headquartered in Atlanta, GA.