Insider overview: BancFirst Corp.
BY THOMSON FINANCIAL REPORTS
Monday, October 08, 2012
10/08/12 at 3:03 AM
Related Story: Investing: Smart Investing: Divvy up your assets
Kendal W. Starks, officer, on Sept. 25 exercised options to purchase 56 shares at $16.84 per share with a market value of $943. Starks also sold 56 direct shares of BANF at $44 with a market value of $2,464.
Starks' insider rating indicates he is a highly predictive seller, according to Thomson. BancFirst shares have dropped an average 14.6 percent in the six months following his previous sell decisions.
BOK Financial Corp.: Charles Frederick Ball, officer, on Sept. 27-28 sold 1,475 direct shares of BOKF at $58.80 to $59.15 with a market value of $87,038. Ball's latest move was his third insider sell decision of the year, involving about 2,400 shares.
Alliance Holdings GP LP: Joseph W. Craft III, CEO, on Oct. 1 sold 5,000 indirect shares at $48.10 with a market value of $240,500. Craft holds more than 43 million common units of AHGP, which owns the general partner and incentivized distribution rights in Tulsa-based coal producer Alliance Resource Partners LP.
Alliance Management Holdings III LLC, beneficial owner, on Oct. 1 sold 5,000 direct shares of AHGP at $48.10 with a market value of $240,500. The group has sold AHGP shares four times this year.
Williams Cos. Inc.: Alan Armstrong, CEO, on Oct. 3 sold 79,120 direct shares at $36 with a market value of $2,848,320. This is Armstrong's second insider sell this year and fourth since April 2010, according to Thomson.
Shares in Tulsa-based Williams historically rose an average of 15 percent in the six months following Armstrong's previous sell decisions.
Thomson listed no insider buy decisions in the Tulsa portfolio this week.