Insider Trader Watch: Franklin Financial Services Corp. $FRAF

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Franklin Financial Services Corp. (OTCBB:FRAF) insiders have most recently took part in a trading activity. On Jan 3, 2018 Hanks Patricia A, svp bought 3 shares having total worth of $113 at the price of $37.68 per share, following the transaction a total of 2,539 shares owned by Hanks Patricia A. Before this latest buy, Hanks Patricia A purchased FRAF at 10 other times during the past twelve months, for a total investment of $980 at an average of $32.66 per share.

On the same day, Cekovich Ronald L, svp bought 3 shares having total worth of $113 at the price of $37.68 per share, following the transaction a total of 2,662 shares owned by Cekovich Ronald L. Before this latest buy, Cekovich Ronald L purchased FRAF at 22 other times during the past twelve months, for a total investment of $2,153 at an average of $32.62 per share.

On the same day, Carmack Karen K, svp bought 1 shares having total worth of $38 at the price of $37.68 per share, following the transaction a total of 277 shares owned by Carmack Karen K. Before this latest buy, Carmack Karen K purchased FRAF at 22 other times during the past twelve months, for a total investment of $718 at an average of $32.62 per share.

On the same day, Duffey Gregory A, Director bought 27 shares having total worth of $1,017 at the price of $37.68 per share, following the transaction a total of 4,753 shares owned by Duffey Gregory A. Before this latest buy, Duffey Gregory A purchased FRAF at 10 other times during the past twelve months, for a total investment of $40,107 at an average of $32.56 per share.

The stock has experienced a total of 16 insider trades in the past three months. These trades include 16 buy trades. Furthermore, over the past 12 months , the stock was traded 70 times by insiders. an employee of the company was the buyer in 70 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 16 0 13.19%
12 Month 70 0 70.05%

Shares of Franklin Financial Services Corp. (OTCBB:FRAF) traded down 2.84% on Jan 3, 2018, hitting $36.9. 8,360 shares of the company’s stock traded hands. Franklin Financial Services Corp. has a 52 week low of $21.7 and a 52 week high of $38. The company’s market cap is $0 million.

Franklin Financial Services Corporation, a registered bank holding company was organized as a Pennsylvania business corporation on June 1, 1983. The Corporation conducts all of its business through its direct banking subsidiary, Farmers and Merchants Trust Company of Chambersburg, which is wholly owned. Other direct subsidiaries of the Corporation include Franklin Financial Properties Corp. and Franklin Future Fund Inc. &M Trust, established in 1906, is a full-service, Pennsylvania-chartered commercial bank and trust company. The Bank operates twenty-five community banking offices in Franklin, Cumberland, Fulton and Huntingdon Counties, Pennsylvania, and engages in general commercial, retail banking and trust services normally associated with community banks and its deposits are insured by the Federal Deposit Insurance Corporation. The Bank offers a variety of banking services to businesses, individuals, and governmental entities. These services include accepting and maintaining checking, savings, and time deposit accounts, providing investment and trust services, making loans and providing safe deposit facilities. Franklin Financial Properties Corp. is a ‘qualified real estate subsidiary’ established to hold real estate assets used by F&M Trust in its banking operations. Franklin Future Fund Inc. is a non-bank investment company that makes venture capital investments within the Corporation’s main market area. The Bank’s lending activities consist mainly of commercial real estate, construction and land development, agricultural, commercial and industrial loans, installment and revolving loans to consumers and residential mortgage loans. Secured and unsecured commercial and industrial loans, including accounts receivable and inventory finance, and commercial equipment financing, are made to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations. F&M Trust also participates in Pennsylvania Higher Education Assistance Act student loan programs, Pennsylvania Housing Finance Agency programs and is a Small Business Administration approved lender. Installment loans involve both direct loans to consumers and the purchase of consumer obligations from dealers who have sold or financed the purchase of automobiles to its customers. The Bank’s mortgage loans include long-term loans to individuals and to businesses secured by mortgages on the borrower’s real property. The Corporation and its banking subsidiary operate in a competitive environment that has intensified in the past few years as it has been compelled to share its market with institutions that are not subject to the regulatory restrictions on domestic banks and bank holding companies. The main market of the Bank is in south central Pennsylvania, mainly the counties of Franklin, Cumberland, Fulton and Huntingdon. The majority of the Bank’s loan and deposit customers are in Franklin County. There are many commercial bank competitors in thi

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.