The EVP, Chief Lending Officer of LegacyTexas Financial (NASDAQ: LTXB) is Selling Shares

By Carrie Williams

Today, the EVP, Chief Lending Officer of LegacyTexas Financial (NASDAQ: LTXB), Thomas Swiley, sold shares of LTXB for $212.8K.

Following Thomas Swiley’s last LTXB Sell transaction on July 27, 2016, the stock climbed by 9.7%. In addition to Thomas Swiley, 10 other LTXB executives reported Sell trades in the last month.

Based on LegacyTexas Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $95.68 million and quarterly net profit of $27.08 million. In comparison, last year the company earned revenue of $78.15 million and had a net profit of $17.77 million. The company has a one year high of $39.68 and a one year low of $16.79. LTXB’s market cap is $1.86B and the company has a P/E ratio of 20.33.

The insider sentiment on LegacyTexas Financial has been negative according to 42 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Legacy Texas Financial Group, Inc. operates as the holding company which provides financial services. It engages in personal banking, commercial banking, business banking, corporate banking, commercial real estate, warehouse lending, mortgage, insurance and title services. It also offers brokerage services for the purchase and sale of non-deposit investment and insurance products through a third party brokerage arrangement. The company was founded 1952 and is headquartered in Plano, TX.