Fcb Financial Holdings, Inc. (FCB) Files Form 4 Insider Selling : Stuart I Oran Sells 3000 Shares

Fcb Financial Holdings, Inc. (FCB): Stuart I Oran , Secretary of Fcb Financial Holdings, Inc. sold 3,000 shares on Apr 5, 2017. The Insider selling transaction was reported by the company on Apr 7, 2017 to the Securities and Exchange Commission. The shares were sold at $49.39 per share for a total value of $148,168.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 4, 2017, Stuart I Oran (Secretary) sold 3,000 shares at $49.52 per share price.On Mar 17, 2017, Thomas E Constance (director) sold 3,216 shares at $49.00 per share price.Also, On Mar 17, 2017, Gerald Luterman (director) sold 3,600 shares at $49.01 per share price.On Mar 16, 2017, Howard R Curd (director) sold 15,500 shares at $48.47 per share price.

Shares of FCB Financial Holdings Inc (FCB) ended Friday, Mar 24, 2017 session in red amid volatile trading. The shares closed down -0.3 points or -0.63% at $46.95 with 4,13,593 shares getting traded. Post opening the session at $47.4, the shares hit an intraday low of $46.85 and an intraday high of $47.85 and the price vacillated in this range throughout the day. The company has a market cap of $1,943 M and the number of outstanding shares has been calculated to be 4,13,93,044 shares. The 52-week high of FCB Financial Holdings Inc is $50.325 and the 52-week low is $30.23.

Company has been under the radar of several Street Analysts.FCB Financial Holdings Inc is Downgraded by UBS to Neutral and the brokerage firm has raised the Price Target to $ 52 from a previous price target of $47 .Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jan 11, 2017.

FCB Financial Holdings Inc. is a bank holding company with one wholly owned national bank subsidiary Florida Community Bank NA The Bank provides financial products and services to individuals small and medium-sized businesses some large businesses and other local organizations and entities through approximately 52 branches in south and central Florida. The Company offers commercial credit products retail deposit and credit products depository products credit products derivative products deposit products non-deposit investment products brokerage services and treasury management services. It offers deposit products including checking accounts demand deposit accounts savings accounts money market accounts and certificates of deposit. Its retail depository products include checking products as well as personal savings and IRAs. Its consumer loan products include personal loans auto loans recreational loans and home improvement/second mortgage loans.

‘Money Matters’ program teaches teens financial literacy

Holly Tyrrell and Chriss Spires work for two separate financial services companies in the Jacksonville area, but at 4:30 pm on Wednesdays, they come together as teachers of a financial literacy class for local teenagers.

Tyrrell – associate director and relationship manager for Legacy Trust Family Wealth Offices in Ponte Vedra Beach – and Spires, partner and senior advisor for Montoya amp; Associates in Jacksonville, are members of the Beaches Boys amp; Girls Club Unit Board, and the program they’re teaching is called “Money Matters.” Developed by the Boys amp; Girls Club in collaboration with the Charles Schwab Foundation, the program uses interactive activities taught by local mentors in the financial industry to educate teens ages 13 to 18 on critical aspects of financial literacy.

Tyrrell and Spires are the first to manage the program within the Boys amp; Girls Club of Northeast Florida network. They view the program as two Beaches financial firms joining with one common goal: to help teens move on the path toward budgeting, saving, college and financial freedom.

“We’re helping them now so we don’t have to help them in the future,” said Spires, a Ponte Vedra resident. “It’s the ultimate give back, right?”

The finance duo has been holding the sessions every week at the Boys amp; Girls Club located at 820 Seagate Ave. in Jacksonville Beach since January. Their classes typically include around 10 teens, all of whom volunteer to attend, and feature topics ranging from managing a checking account to avoiding debt and investing.

At a session on March 15, for example, they helped a group of six teens create vision boards to encourage them to visualize their goals and think about how they may correlate to financial independence. As the group cut pictures out of magazines strewn across a table, one teen asked another, “You want to be a lawyer, right?” She responded, “No, I want to be a psychologist,” while another participant spoke about her plans to attend Emory-Riddle Aeronautical University to become a pilot.

Tyrrell retreated from the group and said, “If we can change the life of one child, our work has been impactful.”

Her favorite session so far has been “How to Pay for Prom,” which prompted the teens to budget how they would spend their money for each of the event’s various components, including tickets, dinner, and suits and dresses. Another session enabled participants to learn about stock tickers and find different companies with the use of smart phones, computers and The Wall Street Journal.

Tyrrell and Spires said perhaps the most rewarding part of the experience has been learning that the teens are taking the lessons home and sharing the various financial concepts with their siblings and parents.

“The engagement is remarkable,” said Spires, a Neptune Beach resident. “This isn’t a lost generation. They’re coming in here enthusiastically, and if given the right chance, they’re going to do awesome things.”