FCB Financial Holdings, Inc. (NYSE:FCB) insider Stuart I. Oran sold 3,000 shares of the stock in a transaction that occurred on Tuesday, July 18th. The shares were sold at an average price of $47.56, for a total transaction of $142,680.00. Following the sale, the insider now directly owns 10,104 shares of the company’s stock, valued at approximately $480,546.24. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

FCB Financial Holdings, Inc. (NYSE FCB) traded down 0.21% during trading on Wednesday, hitting $47.50. The company’s stock had a trading volume of 269,509 shares. The firm has a 50 day moving average of $47.23 and a 200 day moving average of $47.57. The firm has a market cap of $2.02 billion, a P/E ratio of 17.86 and a beta of 1.31. FCB Financial Holdings, Inc. has a 12 month low of $34.24 and a 12 month high of $50.33.

FCB Financial Holdings (NYSE:FCB) last issued its quarterly earnings results on Thursday, April 20th. The bank reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.01. The company had revenue of $81.10 million for the quarter, compared to analysts’ expectations of $80.44 million. FCB Financial Holdings had a return on equity of 10.81% and a net margin of 32.07%. The firm’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 earnings per share. Equities research analysts predict that FCB Financial Holdings, Inc. will post $2.70 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This news story was posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/07/19/stuart-i-oran-sells-3000-shares-of-fcb-financial-holdings-inc-nysefcb-stock-2.html.

A number of large investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. acquired a new position in shares of FCB Financial Holdings during the first quarter worth about $117,000. Ameritas Investment Partners Inc. purchased a new position in FCB Financial Holdings during the first quarter worth $128,000. SG Americas Securities LLC increased its position in FCB Financial Holdings by 23.6% in the first quarter. SG Americas Securities LLC now owns 3,397 shares of the bank’s stock worth $168,000 after buying an additional 649 shares in the last quarter. Victory Capital Management Inc. increased its position in FCB Financial Holdings by 16.7% in the first quarter. Victory Capital Management Inc. now owns 3,453 shares of the bank’s stock worth $171,000 after buying an additional 494 shares in the last quarter. Finally, Teza Capital Management LLC purchased a new position in FCB Financial Holdings during the first quarter worth $204,000. 94.73% of the stock is currently owned by institutional investors and hedge funds.

FCB has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of FCB Financial Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st. BidaskClub downgraded shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Deutsche Bank AG reissued a “buy” rating and set a $57.00 target price (up previously from $56.00) on shares of FCB Financial Holdings in a research report on Sunday, April 23rd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $52.00 target price on shares of FCB Financial Holdings in a research report on Wednesday, April 5th. Finally, ValuEngine raised shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $51.83.

FCB Financial Holdings Company Profile

FCB Financial Holdings, Inc is a bank holding company with a national bank subsidiary, Florida Community Bank, National Association (the Bank). The Company operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. As of December 31, 2016, the Company provided a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through 46 branches in south and central Florida.

Insider Buying and Selling by Quarter for FCB Financial Holdings (NYSE:FCB)

Receive News & Ratings for FCB Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FCB Financial Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.