ServisFirst Bancshares, Inc. stock performance trend indicates that the stock price has rallied 5.23% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 51.26% . Looking at the past 52 week period, the stock price is up at 100.26% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of ServisFirst Bancshares, Inc. has a positive value of 62.5 compared to overall market.ServisFirst Bancshares, Inc. is having a Relative Strength Index of 39.09 which indicates the stock is not yet over sold or over bought based on the technical indicators.
ServisFirst Bancshares, Inc. (NASDAQ:SFBS) has tumbled 1.85% during the past week and has dropped 6.23% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.08%. ServisFirst Bancshares, Inc. (NASDAQ:SFBS) has underperformed the index by 7.3% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week ServisFirst Bancshares, Inc. (NASDAQ:SFBS) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.89 points or 2.22% at $39.26 with 1,685,464 shares getting traded. Post opening the session at $39.98, the shares hit an intraday low of $39.18 and an intraday high of $40.2014 and the price was in this range throughout the day. The company has a market cap of $2,071 million and the number of outstanding shares has been calculated to be 52,759,896 shares. The 52-week high of ServisFirst Bancshares, Inc. (NASDAQ:SFBS) is $42.66 and the 52-week low is $18.735.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Hovde Group on Jan 31, 2017 to Underperform, Raises Price Target to $ 37 from a previous price target of $31.50 .
Company has reported several Insider transactions to the SEC, on Mar 10, 2017, G. Carlton Barker (EVP, Regional CEO) sold 10,000 shares at 40.00 per share price.On Mar 9, 2017, Buford Harrison Iii Morris (EVP, Regional CEO) sold 12,102 shares at 41.51 per share price.On Mar 9, 2017, Kenneth Lee Barber (EVP, Regional CEO) sold 21,073 shares at 42.04 per share price.
ServisFirst Bancshares Inc. is a bank holding company. Through its subsidiary, ServisFirst Bank, it provides business and personal financial services. It offers various deposit products; commercial lending products; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans. ServisFirst Bancshares, Inc. is headquartered in Birmingham, Alabama.