Insider Overview: Matrix Service Co.
BY THOMSON FINANCIAL REPORTS
Monday, February 25, 2013
2/25/13 at 3:18 AM
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Paul K. Lackey Jr., director, on Feb. 12 exercised options to purchase 5,000 shares at $12.20 per share with a market value of $60,975. On the same day, Lackey sold 5,000 direct shares at $15.75 with a market value of $78,750.
Lackey is a fairly predictive insider seller, according to Thomson. Matrix shares historically fell an average 1.1 percent in the six months following his previous six insider sell decisions.
The Tulsa-based energy infrastructure construction and repair firm reported $5.4 million in net income for its second fiscal quarter. Matrix's project backlog reached a record $605.1 million during that period.
BancFirst Corp.: Marion McMillan, officer, Feb. 11 exercised options to purchase 500 shares at $16.84 with a market value of $8,422. On the same day, McMillan sold 500 direct shares of BANF at $41.46 to $41.47 per share with a market value of $20,731.
BOK Financial Corp.: Charles Frederick Ball, on Feb. 13 sold 632 direct shares of BOKF at $57.73 per share with a market value of $36,485. Ball, who holds 6,642 common shares in the Tulsa-based financial firm, has sold BOKF shares 15 times since February 2011, according to Thomson.
Leggett and Platt Inc.: Matthew C. Flanigan, chief financial officer, on Feb. 14 sold 20,000 direct shares at $30.24 with a market value of $604,800. LEG shares historically fell on average 2.5 percent in the six months following Flanigan's previous seven insider decisions.
Leggett and Platt is a Carthage, Mo.-based maker of components for residential and office furniture.
JP Morgan Chase and Co.: John L. Donnelly, director, on Feb. 15 sold 11,000 direct shares at $49.34 with a market value of $542,762.