Insider Activity to Watch: Carolina Trust BancShares, Inc. $CART

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Carolina Trust BancShares, Inc. (CART) insider have most recently took part in a trading activity. On Dec 18, 2017 Rhyne Johnathan L Jr, Chairman of the Board bought 281 shares having total worth of $2,346 at the price of $8.35 per share, following the transaction a total of 143,860 shares owned by Rhyne Johnathan L Jr. Before this latest buy, Rhyne Johnathan L Jr purchased CART at 6 other times during the past twelve months, for a total investment of $38,226 at an average of $7.43 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 12 times by insiders. an employee of the company was the buyer in 12 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 13.42%
12 Month 12 0 56.1%

Shares of Carolina Trust BancShares, Inc. (CART) traded down 5.05% on Dec 18, 2017, hitting $9.21. 1,444 shares of the company’s stock traded hands. Carolina Trust BancShares, Inc. has a 52 week low of $5.85 and a 52 week high of $9.7. The company’s market cap is $29 million.

Carolina Trust BancShares, Inc. (CART) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter. During the same quarter in the previous year, the company posted 0.01 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2017-04-26 2016-10-27 2016-01-25 2015-10-19 2015-07-21 2015-04-20 2015-01-21 2014-10-16 2014-07-18
earnings per share 0.00 0.04 0.01 0.05 0.08 0.06 0.03 1.10 0.15 0.13
Revenue(M) 0 3.55 3.62 3.67 3.59 3.38 0 113.37 80.37 0

Carolina Trust Bank was incorporated on November 27, 2000. The Bank is involved in general commercial and retail banking in Lincoln County, North Carolina and surrounding areas. It serves individuals and small to mid-sized businesses with a full range of banking products. Its services include online banking, personal and business services such as checking, savings account, CDs, IRAs, loans and other services. The Bank’s loan portfolio is comprised of home improvement, personal, automobile, vacation, school/education, home equity, mortgage, business, real estate, commercial, and equipment and collateral loans. Its segments are Commercial real estate, Commercial, Residential mortgage, Home equity lines, and other consumer loans. The Commercial real estate segment includes residential ADC ((acquisition, development and construction, Commercial ADC, farmland, Multifamily, Owner occupied and Non-owner occupied. The Commercial segment includes commercial and industrial, agriculture, and other commercial. The Residential mortgage segment includes first-lien and second-lien loans. The Bank also offers ATM 24 Hour Banking at all branch locations 24 Hour Telephone Banking, Internet banking including paying bills over the internet, ATM/Visa check cards, Credit cards, Automatic funds transfer, and Direct Deposit/ACH. It operates six full service locations at Lincolnton, West Lincoln, Denver, Vale and Gastonia.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.