GBank Financial Holdings Inc. (OTCMKTS:GBFH) Chairman Sells $168,373.08 in Stock

GBank Financial Holdings Inc. (OTCMKTS:GBFH) Chairman Edward Michael Nigro sold 4,239 shares of the stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $39.72, for a total transaction of $168,373.08. Following the completion of the transaction, the chairman now directly owns 619,630 shares of the company’s stock, valued at approximately $24,611,703.60. The trade was a 0.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Edward Michael Nigro also recently made the following trade(s):

• On Monday, June 9th, Edward Michael Nigro sold 23,609 shares of GBank Financial stock. The stock was sold at an average price of $39.37, for a total value of $929,486.33.
• On Friday, June 6th, Edward Michael Nigro sold 6,391 shares of GBank Financial stock. The shares were sold at an average price of $39.07, for a total value of $249,696.37.

GBank Financial Stock Performance

OTCMKTS GBFH opened at $37.39 on Thursday. The business’s 50 day moving average price is $38.17 and its 200-day moving average price is $37.31. GBank Financial Holdings Inc. has a fifty-two week low of $15.56 and a fifty-two week high of $46.00. The company has a market cap of $533.70 million, a P/E ratio of 27.49 and a beta of -0.90.

GBank Financial (OTCMKTS:GBFH) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.31 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.31. The firm had revenue of $17.36 million for the quarter. As a group, equities analysts predict that GBank Financial Holdings Inc. will post 1.53 EPS for the current year.

GBank Financial Company Profile

GBank Financial Holdings Inc operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada. The company offers business and personal checking and savings accounts. It also provides small business administration loans; commercial real estate, equipment, business term, and medical/professional loans; business lines of credit; accounts receivable/inventory financing services; and credit cards.