{
  "id": 17004279,
  "title": "Live Oak Bancshares general counsel Gregory Seward sells $176,550 in stock",
  "url": "https://urgent.news/2026/10/29/live-oak-bancshares-general-counsel-gregory-seward-sells-176-550-in",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-29T04:01:06.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/live-oak-bancshares-general-counsel-gregory-seward-sells-176550-in-stock-93CH-4981440"
  },
  "original_language": "en",
  "account": "Live Oak Bancshares General Counsel Gregory Seward divested 5,000 shares of the company's common stock on October 26, 2026, selling them for a total of $176,550. The transactions were conducted within a range of $35.2602 to $35.7734 per share, following a Rule 10b5-1 trading plan initiated on February 27, 2026. The insider sale occurred as Live Oak Bancshares' stock was trading at $34.66, resulting in a company market capitalization of $1.61 billion. The stock appeared undervalued, trading below its Fair Value, with a P/E ratio of 12.24 considered low relative to near-term earnings growth. Seward personally owns 108,797 shares of Live Oak Bancshares, in addition to RSUs that vest in annual installments from 2023 to 2027, contingent upon continuous service. Despite a mixed earnings report in the third quarter of 2026, with earnings per share below expectations due to a provision charge from its distillery portfolio, the company's revenue exceeded forecasts, and adjusted earnings per share remained strong. Investors focused on the positive aspects, such as record pre-provision earnings and continued loan growth, highlighting the company's resilience in maintaining revenue despite financial setbacks.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Sensex today | Stock Market Live: Stock to buy today: APL Apollo Tubes (₹2,165)",
        "url": "https://urgent.news/2026/10/29/sensex-today-stock-market-live-stock-to-buy-today-apl-apollo-tubes-2",
        "published": "2026-10-29T01:30:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}