Four Oaks Fincorp EVP Acquires $9,924 in Stock (FOFN)
Four Oaks Fincorp (NASDAQ:FOFN) EVP Lisa S. Herring purchased 9,924 shares of Four Oaks Fincorp stock in a transaction dated Friday, August 15th. The shares were purchased at an average cost of $1.00 per share, for a total transaction of $9,924.00. Following the transaction, the executive vice president now directly owns 11,000 shares in the company, valued at approximately $11,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Four Oaks Fincorp (NASDAQ:FOFN) remained flat at $1.40 during trading on Monday. 9,340 shares of the company’s stock traded hands. Four Oaks Fincorp has a one year low of $1.11 and a one year high of $3.00. The stock’s 50-day moving average is $1.27 and its 200-day moving average is $1.82. The company has a market cap of $12.4 million and a price-to-earnings ratio of 3.33.
Four Oaks Fincorp, Inc is a bank holding company. The Company’s primary function is to serve as the holding company for its wholly owned subsidiaries, Four Oaks Bank & Trust Company (NASDAQ:FOFN) and Four Oaks Mortgage Services, LLC.
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