Trading volume for National Commerce Corporation was 668 in the last trading session. Overall, volume was down 96.04% under the stocks normal daily volume.
Investors are a little more bearish on National Commerce Corporation of late if you watch the motion in short interest. The company realized a rise in short interest of 23.87% as of the latest report on August 31, 2017. Short shares increased 51,473 over that timeframe. The days to cover decreased to 9.0 and the short interest percentage is 0.02% as of August 31.
National Commerce Corporation (NASDAQ:NCOM) has been the object of insider buying activity recently. Russell H. Iv Vandevelde, Director purchased $68,613 worth of shares at an average price of $38.83 on Mon the 21st. The Director now owns $3,883,000 of the stock as reported to the SEC.
These firms have modified their investment in NCOM. Allianz Asset Management Gmbh grew its holdings by buying 13,265 shares an increase of 29.1% as of 06/30/2017. Allianz Asset Management Gmbh controls 58,791 shares worth $2,325,000. The total value of its holdings increased 39.6%. Alphaone Investment Services, LLC augmented its stake by buying 7,134 shares an increase of 6.7% from 03/31/2017 to 06/30/2017. Alphaone Investment Services, LLC now controls 113,287 shares with a value of $4,481,000. The value of the position overall is up by 15.3%.
Ubs Group Ag cut its position by shedding 249 shares a decrease of 88.6%. Ubs Group Ag currently owns 32 shares valued at $1,000. The value of the position overall is down by 90.0%. Elizabeth Park Capital Advisors, Ltd. expanded its investment by buying 40,000 shares an increase of 29.4% in the quarter. Elizabeth Park Capital Advisors, Ltd. now holds 176,244 shares with a value of $6,971,000. The value of the position overall is up by 39.8%.
The company is up by 0.49% percent from yesterday’s close. Company shares last traded at $40.70 slightly over the 50 day moving average of $39.69 and which is slightly above the 200 day moving average of $38.59. The 50 day moving average was up by +2.54% and the 200 day average went up $2.11 or +5.46%.
The company currently has a P/E ratio of 22.69 and market capitalization is 572.65M. As of the last earnings report the EPS was $1.79 and is expected to be $1.88 for the current year with 14,070,000 shares outstanding. Next quarter’s EPS is forecasted at $0.48 and the next full year EPS is projected to be $2.26.
National Commerce Corporation (NCC), launched on July 19, 2013, is a financial holding company. The Company is involved in the business of banking through its banking subsidiary, National Bank of Commerce (the Bank). The Company, through the Bank, provides a range of financial services to businesses, business owners and professionals. The Company holds interest in CBI Holding Company, LLC, which owns Corporate Billing, LLC, a transaction-based finance company that provides factoring, invoicing, collection and accounts receivable management services to transportation companies, and automotive parts and service providers across the United States and Canada. The Bank provides a range of commercial and consumer banking services across Alabama, including Birmingham, Huntsville, Lee County and Baldwin County..Advertisement