November 23, 2016 - By Ellis Scott
The Executive Vice President and of Bancfirst Corp and corporation’s insider Dennis Brand sold 4,500 shares of the Oklahoma-based Bancfirst Corp based on the average price of stock which is $82.4 for a share. These insider shares are worth based on the market approx. $370,910 U.S. Dollars. In the last month, he also unloaded 12,500 shares that are worth about $899,811 USD. Now, he owns 12,000 shares or 0.08% of the company’s market cap. Dennis completed this transaction on 22/11/2016. The filing is accessible online here at the U.S. Security & Exchange Commission website.
Out of 2 analysts covering BancFirst Corp (NASDAQ:BANF), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $68 is the highest target while $65 is the lowest. The $66.67 average target is -19.67% below today’s ($83) stock price. BancFirst Corp has been the topic of 3 analyst reports since July 20, 2015 according to StockzIntelligence Inc.
Insitutional Activity: The institutional sentiment increased to 2 in Q2 2016. Its up 0.28, from 1.72 in 2016Q1. The ratio increased, as 7 funds sold all BancFirst Corporation shares owned while 22 reduced positions. 9 funds bought stakes while 41 increased positions. They now own 4.59 million shares or 0.51% less from 4.62 million shares in 2016Q1.
Teachers Advsr Incorporated holds 0% or 12,551 shares in its portfolio. Swiss Fincl Bank reported 11,259 shares or 0% of all its holdings. Moreover, Acadian Asset Mgmt Ltd Liability Corporation has 0% invested in BancFirst Corporation (NASDAQ:BANF) for 8,573 shares. Manufacturers Life Ins The reported 5,193 shares or 0% of all its holdings. Millennium Management Limited Company last reported 64,381 shares in the company. Moreover, Piermont Capital Management has 0.3% invested in BancFirst Corporation (NASDAQ:BANF) for 19,165 shares. Jpmorgan Chase And, a New York-based fund reported 206,088 shares. Blackrock Ltd owns 2,982 shares or 0% of their US portfolio. Federated Pa accumulated 362 shares or 0% of the stock. Blackrock Investment Mngmt Limited Com holds 32,266 shares or 0% of its portfolio. Prudential has 57,769 shares for 0.01% of their US portfolio. Northern reported 251,644 shares or 0% of all its holdings. Royal Bancshares Of Canada has 0.01% invested in the company for 137,433 shares. Dimensional Fund Advisors Lp accumulated 495,649 shares or 0.02% of the stock. Voya Inv Mgmt Ltd Liability Com owns 4,594 shares or 0% of their US portfolio.
Insider Transactions: Since June 2, 2016, the stock had 0 buys, and 29 sales for $7.79 million net activity. The insider Harlow David R sold $392,005. COPELAND SCOTT sold $331,028 worth of stock. The insider BRAND DENNIS L sold 6,250 shares worth $448,811. Westman David also sold $206,250 worth of BancFirst Corporation (NASDAQ:BANF) shares. The insider SEAT DAVID sold $643,293. The insider SCHMIDT DARRYL sold 5,000 shares worth $330,513. On Monday, July 25 the insider JAMES KAREN sold $238,018.
The stock increased 0.67% or $0.55 during the last trading session, hitting $83. About 91,366 shares traded hands or 208.89% up from the average. BancFirst Corporation (NASDAQ:BANF) has risen 41.18% since April 21, 2016 and is uptrending. It has outperformed by 35.85% the S&P500.
BancFirst Corporation is a financial holding company. The company has a market cap of $1.30 billion. The Firm conducts its operating activities through its principal subsidiary, BancFirst , a state-chartered bank. It has a 19.44 P/E ratio. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, activities and support.
According to Zacks Investment Research, “BancFirst Corporation is a bank holding company for BancFirst. BancFirst Corporation also owns 100% of the common securities of BFC Capital Trust I, and First State Bank. BancFirst’s strategy focuses on providing a full range of commercial banking services to retail customers and small to medium-sized businesses both in the non-metropolitan trade centers and the metropolitan markets. BancFirst operates as a super community bank, managing their community banking offices on a decentralized basis, which permits them to be responsive to local customer needs.”
More important recent BancFirst Corporation (NASDAQ:BANF) news were published by: Reuters.com which released: “BRIEF-Bancfirst Corporation reports third quarter earnings” on October 20, 2016, also Prnewswire.com published article titled: “BancFirst Corporation Reports Third Quarter Earnings”, Prnewswire.com published: “BancFirst Corporation Reports Second Quarter Earnings” on July 21, 2016. More interesting news about BancFirst Corporation (NASDAQ:BANF) was released by: Prnewswire.com and their article: “BancFirst Corporation Announces Agreement To Acquire CSB Bancshares Inc.” with publication date: July 14, 2015.
BancFirst Corporation, incorporated on July 12, 1984, is a financial holding company. The Firm conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. The Firm has four business units, which include metropolitan banks, community banks, other financial services, and executive, activities and support. The metropolitan and community banks offer traditional banking products, such as commercial and retail lending, and a line of deposit accounts. The metropolitan banks consist of banking locations in the metropolitan Oklahoma City and Tulsa areas. The community banks consist of banking locations in communities throughout Oklahoma. The Company’s other financial services are specialty product business units, including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking and insurance. The executive, activities and support groups represent executive management, operational support and corporate functions.
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By Ellis Scott