John D’Angelo, CEO of Investar Holding Corporation, bought 1,071 shares of Investar Holding Corporation (Stock Symbol: ISTR) at $14.00 per share for a total amount of $15 thousand on June 30, 2014.
Investar Holding Corporation is headquartered in Baton Rouge, Louisiana.
On 07/03/2014, Investar Holding Corporation today announced the closing of its initial public offering of common stock. Investar sold a total of 2,875,000 shares in the public offering.
The common stock is listed on the NASDAQ Global Market under the symbol “ISTR” and began trading on July 1, 2014.
According to Capital IQ, Investar Holding Corporation has a market cap of $95.68 million, an enterprise value of $136.64 million, and trailing 12 month revenues of $24.65 million.
Investar Holding Corporation operates as a bank holding company for Investar Bank that provides various commercial banking products for individuals and small to medium-sized businesses in the United States. The company accepts various deposit products, including savings, checking, money market, and NOW accounts, as well as various certificates of deposit and individual retirement accounts. It also offers various loan products comprising commercial real estate loans, such as multifamily, farmland and non-farm, and non-residential real estate loans; construction and development loans consisting of loans for the construction of commercial projects, single family residential properties, and multi-family properties; commercial and industrial loans that include working capital lines of credit and equipment loans; and consumer loans, which comprise auto loans, installment and term loans, second mortgages, home equity loans, and home equity lines of credit. In addition, the company provides cash management products and services, such as remote deposit capture, electronic statements, positive pay, ACH origination and wire transfer, investment sweep accounts, and business Internet banking, as well as debit cards and mobile banking services. It operates in 10 locations, including Baton Rouge, New Orleans, Lafayette, and Hammond, Louisiana. The company was founded in 2006 and is headquartered in Baton Rouge, Louisiana.
John D’Angelo’s most recent annual compensation from Investar Holding Corporation is a salary of $355,552, $88,052 in other compensation, and a total compensation of $443,604. Mr. D’Angelo is 53 years old.
According to his biography, John J. D’Angelo is President, Chief Executive Officer, Director of Company and Bank. Prior to Investar Bank’s organization, Mr. D’Angelo was manager of the private banking, small business banking, construction lending, brokerage and trust areas of Hibernia National Bank (the predecessor to Capital One Bank, N.A.) for more than six years in the East Baton Rouge Parish, Louisiana, market. From 1996 to 2005, Mr. D’Angelo was president and director of Aegis Lending Corporation, a company with lending operations in 46 states and the District of Columbia.
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com .
About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.