Insider Selling: Alan B. Levan Sells 6,136 Shares of BankAtlantic Bancorp Stock (BBX)
BankAtlantic Bancorp (NYSE:BBX) CEO Alan B. Levan sold 6,136 shares of the stock on the open market in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $19.39, for a total value of $118,977.04. Following the sale, the chief executive officer now directly owns 438,434 shares in the company, valued at approximately $8,501,235. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
BankAtlantic Bancorp (NYSE:BBX) traded down 1.49% on Wednesday, hitting $19.21. 15,493 shares of the company’s stock traded hands. BankAtlantic Bancorp has a 1-year low of $12.07 and a 1-year high of $22.54. The stock’s 50-day moving average is $19.05 and its 200-day moving average is $17.3. The company has a market cap of $332.0 million and a price-to-earnings ratio of 5.78.
BankAtlantic Bancorp (NYSE:BBX) last posted its quarterly earnings results 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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