Insider Selling: Alan B. Levan Sells 17,918 Shares of BankAtlantic Bancorp Stock (BBX)
BankAtlantic Bancorp (NYSE:BBX) CEO Alan B. Levan unloaded 17,918 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $19.28, for a total transaction of $345,459.04. Following the transaction, the chief executive officer now directly owns 466,759 shares of the company’s stock, valued at approximately $8,999,114. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
BankAtlantic Bancorp (NYSE:BBX) traded down 1.63% on Wednesday, hitting $18.75. The stock had a trading volume of 83,767 shares. BankAtlantic Bancorp has a one year low of $11.92 and a one year high of $22.54. The stock has a 50-day moving average of $18.84 and a 200-day moving average of $17.09. The company has a market cap of $324.1 million and a price-to-earnings ratio of 5.65.
BankAtlantic Bancorp (NYSE:BBX) last released its earnings data on Monday, March 17th. The company reported ($2.94) earnings per share for the quarter.
BBX Capital Corporation, formerly BankAtlantic Bancorp, Inc, is a Florida-based bank holding company.
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