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Four Oaks Fincorp (NASDAQ:FOFN) EVP Lisa S. Herring purchased 9,924 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $1.00 per share, with a total value of $9,924.00. Following the transaction, the executive vice president now directly owns 11,000 shares of the company’s stock, valued at approximately $11,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Four Oaks Fincorp (NASDAQ:FOFN) opened at 1.40 on Tuesday. Four Oaks Fincorp has a 52-week low of $1.11 and a 52-week high of $3.00. The stock has a 50-day moving average of $1.28 and a 200-day moving average of $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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