Free Trial

GBank Financial Holdings Inc. (OTCMKTS:GBFH) Chairman Sells $249,696.37 in Stock

GBank Financial logo with Finance background

GBank Financial Holdings Inc. (OTCMKTS:GBFH - Get Free Report) Chairman Edward Michael Nigro sold 6,391 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $39.07, for a total transaction of $249,696.37. Following the transaction, the chairman now directly owns 647,478 shares of the company's stock, valued at $25,296,965.46. This represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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 stock was sold at an average price of $39.37, for a total transaction of $929,486.33.

GBank Financial Stock Performance

GBank Financial stock traded up $0.81 during trading on Monday, reaching $39.68. The company had a trading volume of 122,899 shares, compared to its average volume of 26,804. The firm's 50-day simple moving average is $37.99 and its 200 day simple moving average is $37.30. GBank Financial Holdings Inc. has a 1-year low of $15.56 and a 1-year high of $46.00. The firm has a market capitalization of $566.39 million, a PE ratio of 29.18 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 for the quarter, meeting analysts' consensus estimates of $0.31. The firm had revenue of $17.36 million during the quarter. Analysts anticipate that GBank Financial Holdings Inc. will post 1.53 EPS for the current year.

GBank Financial Company Profile

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in GBank Financial Right Now?

Before you consider GBank Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GBank Financial wasn't on the list.

While GBank Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Analysts Are Watching These 4 Penny Stocks—You Should Too
Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines