Insider overview: BOK Financial Corp.
BY THOMSON FINANCIAL REPORTS
Monday, July 16, 2012
7/16/12 at 3:10 AM
Charles E. Cotter, officer, on July 5 exercised options to purchase 19,651 BOKF shares at $36.65 with a market value of $720,209. Cotter has taken out 10 options on BOKF shares in the past three years.
So far this year, no BOK Financial insiders have purchased or sold company shares. The Tulsa-based financial firm's insider rating has jumped from 5 to 9 in the past two weeks, considered more bullish than the banks industry sector average of 6.49, according to Thomson's ratings.
Sonic Corp.: James Clifford Hudson, CEO, from July 2-7 sold 117,637 indirect shares at $10.33 to $10.35 with a market value of $1,216,076. Hudson still holds nearly 950,000 common shares in the Oklahoma City-based fast food restaurant chain.
Terry D. Harryman, officer, on July 9 sold 8,699 direct SONC shares at $10.51 with a market value of $91,426. On the same day, Harryman exercised options to buy 8,699 shares at $8.74 per share with a market value of $76,029.
BancFirst Corp.: R. Banking LP, beneficial owner, on July 5 sold 11,600 direct shares at $43 with a market value of $498,600. Oklahoma City-based BancFirst has a bearish insider rating of 4, according to Thomson.
Chesapeake Energy Corp.: Richard K. Davidson, director, on July 9 purchased 2,000 indirect shares at $19.94 per share with a market value of $39,880. Davidson's predictive score is rated by Thomson at 60, with Chesapeake shares historically rising an average 9.1 percent in the six months following his previous insider buy decisions.
Share value in the Oklahoma City oil and gas producer has declined 36 percent in the last year amid reports of CEO Aubrey McClendon's personal business dealings.