Live Oak Bancshares CEO Sells 20,000 Shares for $653,000
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 22 2026
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Should l Buy LOB?
Source: Yahoo Finance
- Transaction Overview: James S. Mahan III, CEO of Live Oak Bancshares, reported the indirect sale of 20,000 shares of common stock for approximately $653,000 across multiple transactions on March 11 and 12, 2026, indicating his ongoing engagement with the company's stock.
- Ownership Impact: This sale represented 0.31% of Mahan's indirect common stock holdings, leaving him with 6,374,875 shares, which reflects his confidence in the company's future despite the recent stock performance.
- Market Performance: As of March 21, 2026, Live Oak Bancshares' stock price stood at $31.85, with a market capitalization of $1.47 billion; however, despite a 61.75% revenue growth in Q4 FY 2025, the stock has declined by 7.29% year-to-date.
- Investor Advisory: While Live Oak Bancshares has excelled in the small business lending sector, its lower market visibility raises caution for potential investors, especially given its exclusion from the top investment stock recommendations.
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Analyst Views on LOB
Wall Street analysts forecast LOB stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 32.270
Low
35.00
Averages
42.67
High
50.00
Current: 32.270
Low
35.00
Averages
42.67
High
50.00
About LOB
Live Oak Bancshares, Inc. is the bank holding company for Live Oak Banking Company (the Bank). The Bank specializes in providing lending and deposit-related services to small businesses nationwide. The Bank operates a national online platform for small business lending and deposit gathering. In addition to the Bank, the Company directly or indirectly holds wholly owned subsidiaries, including Live Oak Ventures, Inc. (Live Oak Ventures), Live Oak Grove, LLC (Grove), and Government Loan Solutions, Inc. (GLS). Live Oak Ventures has an investment in Synply, Inc. (Synply). Synply is a cloud-based technology platform designed to simplify the loan syndication process for financial institutions. The Grove provides Company employees and business visitors with on-site dining at the Company’s Wilmington, North Carolina headquarters. GLS is a management and technology consulting firm that advises and offers solutions and services to participants in the government-guaranteed lending sector.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Stock Sale Overview: James S. Mahan III, CEO of Live Oak Bancshares, indirectly sold 20,000 shares of common stock on March 11 and 12, 2026, for approximately $653,000, which may indicate a potential shift in his confidence regarding the company's future.
- Transaction Size Analysis: This sale matched Mahan's recent median trade size of 20,000 shares since December, suggesting consistency in his trading activity, yet it raises market concerns about his intentions with his holdings.
- Ownership Impact Assessment: The transaction represented 0.31% of Mahan's indirect common stock holdings, leaving him with 6,374,875 shares, indicating that while he retains a significant stake, the slight reduction could affect investor confidence.
- Company Financial Background: Live Oak Bancshares reported a 61.75% revenue increase in Q4 FY 2025, reaching $150.93 million; however, the stock has declined 7.29% year-to-date, reflecting market apprehension about its future growth prospects.
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- Executive Share Sale: Live Oak Bancshares CEO James Mahan III sold 20,000 shares of voting common stock for approximately $653,000 at an average price of $32.67 per share on March 11 and 12, 2026, indicating a cautious outlook from the executive regarding the company's future.
- Stock Price Decline: Despite a 61.75% revenue growth to $150.93 million in Q4 FY 2025, the stock has fallen 7.29% year-to-date and has experienced four consecutive weeks of decline, reflecting market concerns about its future performance.
- Small Business Lending Leader: Live Oak Bancshares secured 2,280 SBA loan approvals in FY 2025, providing over $2.8 billion in funding, making it the most active SBA 7(a) lender in the nation, showcasing its strong influence in the small business financing sector.
- Investor Caution: Although the company excels in small business lending, it was not included in The Motley Fool's current list of top investment stocks, suggesting a cautious market sentiment regarding its growth potential, prompting investors to consider their options carefully.
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- Transaction Overview: James S. Mahan III, CEO of Live Oak Bancshares, reported the indirect sale of 20,000 shares of common stock for approximately $653,000 across multiple transactions on March 11 and 12, 2026, indicating his ongoing engagement with the company's stock.
- Ownership Impact: This sale represented 0.31% of Mahan's indirect common stock holdings, leaving him with 6,374,875 shares, which reflects his confidence in the company's future despite the recent stock performance.
- Market Performance: As of March 21, 2026, Live Oak Bancshares' stock price stood at $31.85, with a market capitalization of $1.47 billion; however, despite a 61.75% revenue growth in Q4 FY 2025, the stock has declined by 7.29% year-to-date.
- Investor Advisory: While Live Oak Bancshares has excelled in the small business lending sector, its lower market visibility raises caution for potential investors, especially given its exclusion from the top investment stock recommendations.
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- Price Fluctuation Analysis: LOB's stock has a 52-week low of $22.73 and a high of $42.89, with the last trade at $33.65, indicating significant price volatility and reflecting market interest and investor sentiment changes.
- Technical Indicator Observation: The current price of $33.65 is below the 200-day moving average, suggesting potential downward pressure in the short term, prompting investors to monitor future trends for optimal buy or sell timing.
- Market Sentiment Assessment: Despite notable fluctuations over the past year, the current price remains above the low point, indicating a degree of market confidence in LOB's fundamentals, which may attract long-term investors.
- Investment Strategy Recommendation: Investors should consider the relationship between LOB's price performance and overall market trends, combining technical analysis with fundamental research to formulate sound investment strategies in light of future uncertainties.
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- Live Oak Bankshares Performance: The bank's stock has surged nearly 20% over the past year, significantly outperforming the market, showcasing its specialization and high-quality loan origination in the small business lending sector, thereby enhancing its competitive edge.
- Upbound's Value Proposition: Upbound attracts investors with a forward P/E ratio of five and a dividend yield exceeding 7%, and despite slower growth, its revenue accelerated to 11% in the past year, indicating stability and potential in the rental market.
- Disruptive Potential of Hims & Hers: The company challenges traditional healthcare with a direct-to-consumer model, facing legal hurdles but is viewed favorably for its long-term growth potential, which could transform the delivery of healthcare services.
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- Transaction Overview: James S. Mahan III, CEO of Live Oak Bancshares, indirectly sold 20,000 shares of common stock on February 18 and 19, 2026, for approximately $804,000, indicating active market participation.
- Ownership Change Analysis: Following the transaction, Mahan's indirect holdings decreased from 6,454,875 to 6,434,875 shares, while direct holdings remained at zero, reflecting a slight adjustment in his equity stake in the company.
- Transaction Context: The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 27, 2025, representing routine portfolio management rather than a strategic exit or reduction in equity.
- Company Financial Performance: Live Oak Bancshares reported $150.93 million in revenue for Q4 FY 2025, a 61.75% increase year-over-year, showcasing strong performance in the small business lending sector despite ongoing stock price pressures.
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