Fidelity Southern Corp. Director William C. Lankford, Jr. Unloads 3,035 Shares (LION)
Fidelity Southern Corp. (NASDAQ:LION) Director William C. Lankford, Jr. sold 3,035 shares of Fidelity Southern Corp. stock on the open market in a transaction dated Friday, February 21st. The stock was sold at an average price of $13.74, for a total value of $41,700.90. Following the completion of the sale, the director now directly owns 19,527 shares of the company’s stock, valued at approximately $268,301. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Fidelity Southern Corp. (NASDAQ:LION) traded up 0.65% during mid-day trading on Friday, hitting $13.89. 37,507 shares of the company’s stock traded hands. Fidelity Southern Corp. has a 1-year low of $10.3715 and a 1-year high of $17.8386. The stock has a 50-day moving average of $14.72 and a 200-day moving average of $15.17. The company has a market cap of $296.4 million and a P/E ratio of 11.55.
Fidelity Southern Corp. (NASDAQ:LION) last issued its quarterly earnings data on Thursday, January 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.14. Analysts expect that Fidelity Southern Corp. will post $1.02 EPS for the current fiscal year.
A number of research firms have recently commented on LION. Analysts at Zacks downgraded shares of Fidelity Southern Corp. from a “neutral” rating to an “underperform” rating in a research note on Tuesday, February 4th. They now have a $11.40 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of Fidelity Southern Corp. from $18.00 to $16.00 in a research note on Monday, January 27th. Finally, analysts at Keefe, Bruyette & Woods downgraded shares of Fidelity Southern Corp. from an “outperform” rating to a “market perform” rating in a research note on Monday, December 2nd. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $13.30.
Fidelity Southern Corporation (NASDAQ:LION) is a bank holding company.
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