Edward Michael Nigro Sells 4,239 Shares of GBank Financial Holdings Inc. (OTCMKTS:GBFH) Stock

GBank Financial Holdings Inc. (OTCMKTS:GBFH - Get Free Report) Chairman Edward Michael Nigro sold 4,239 shares of the business's stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $39.72, for a total value of $168,373.08. Following the completion of the transaction, the chairman now owns 619,630 shares in the company, valued at approximately $24,611,703.60. This trade represents a 0.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Edward Michael Nigro also recently made the following trade(s):

• On Monday, June 9th, Edward Michael Nigro sold 23,609 shares of GBank Financial stock. The shares were sold at an average price of $39.37, for a total value of $929,486.33.
• On Friday, June 6th, Edward Michael Nigro sold 6,391 shares of GBank Financial stock. The shares were sold at an average price of $39.07, for a total value of $249,696.37.

GBank Financial Trading Down 3.5%

OTCMKTS GBFH traded down $1.29 on Friday, hitting $35.39. 65,103 shares of the stock traded hands, compared to its average volume of 28,458. The stock has a 50-day moving average of $38.35 and a 200 day moving average of $37.38. GBank Financial Holdings Inc. has a twelve month low of $15.56 and a twelve month high of $46.00. The company has a market capitalization of $505.16 million, a P/E ratio of 26.02 and a beta of -0.90.

GBank Financial (OTCMKTS:GBFH - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.31 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.31. The firm had revenue of $17.36 million for the quarter. As a group, equities research analysts expect that GBank Financial Holdings Inc. will post 1.53 earnings per share for the current year.

About GBank Financial

GBank Financial Holdings Inc operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada. The company offers business and personal checking and savings accounts. It also provides small business administration loans; commercial real estate, equipment, business term, and medical/professional loans; business lines of credit; accounts receivable/inventory financing services; and credit cards.