Southwest Bancorp, Inc. (NASDAQ:OKSB), saw one of it’s highest level insiders lower raise his position with the company through a transaction initiated earlier this week and filed officially today, July 31rst. President and Chief Executive Officer Mark W. Funke bought 2,500 shares of common stock in the company at an average price of $15.711 per share.
Following this transaction, Funke now has 222,800 shares directly invested in
Southwest Bancorp, Inc. (NASDAQ:OKSB), the $305.41 million market cap bank holding company for the Stillwater National Bank and Trust Company (Stillwater National) and Bank of Kansas, that, through its subsidiaries, offers commercial and consumer lending, deposit services.
As it acts as it’s own trust, there aren’t many hedge funds involved with the bank holding company. However, Polaris Capital Management, the hedge fund run by Bernard Horn, saw an 80% raise in it’s activity with the company last quarter, and now has 707,967 shares worth about $7.1 million invested with Southwest Bancorp, Inc. (NASDAQ:OKSB).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.