Princeton Bancorp, Inc. (NASDAQ:BPRN - Get Free Report) Director Martin Tuchman bought 1,284 shares of the firm's stock in a transaction on Thursday, June 6th. The stock was purchased at an average cost of $30.00 per share, with a total value of $38,520.00. Following the completion of the acquisition, the director now directly owns 99,859 shares of the company's stock, valued at approximately $2,995,770. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Martin Tuchman also recently made the following trade(s):
- On Tuesday, June 4th, Martin Tuchman purchased 1,022 shares of Princeton Bancorp stock. The shares were purchased at an average cost of $30.25 per share, for a total transaction of $30,915.50.
- On Wednesday, May 29th, Martin Tuchman bought 1,000 shares of Princeton Bancorp stock. The stock was purchased at an average cost of $30.25 per share, for a total transaction of $30,250.00.
- On Thursday, May 23rd, Martin Tuchman purchased 1,000 shares of Princeton Bancorp stock. The shares were acquired at an average cost of $30.55 per share, with a total value of $30,550.00.
- On Tuesday, May 21st, Martin Tuchman acquired 1,000 shares of Princeton Bancorp stock. The stock was acquired at an average cost of $31.00 per share, for a total transaction of $31,000.00.
- On Wednesday, May 8th, Martin Tuchman bought 1,000 shares of Princeton Bancorp stock. The shares were acquired at an average cost of $29.95 per share, with a total value of $29,950.00.
- On Tuesday, April 30th, Martin Tuchman purchased 2,000 shares of Princeton Bancorp stock. The shares were acquired at an average price of $29.43 per share, for a total transaction of $58,860.00.
- On Friday, March 15th, Martin Tuchman bought 5,000 shares of Princeton Bancorp stock. The shares were bought at an average price of $29.74 per share, for a total transaction of $148,700.00.
- On Tuesday, March 12th, Martin Tuchman purchased 3,168 shares of Princeton Bancorp stock. The stock was bought at an average price of $29.99 per share, with a total value of $95,008.32.
Princeton Bancorp Stock Down 0.0 %
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BPRN stock opened at $29.87 on Tuesday. The business's 50-day moving average price is $30.16 and its 200-day moving average price is $32.05. The stock has a market cap of $188.78 million, a P/E ratio of 7.94 and a beta of 0.60. Princeton Bancorp, Inc. has a twelve month low of $26.37 and a twelve month high of $38.19.
Princeton Bancorp (NASDAQ:BPRN - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. The firm had revenue of $17.43 million for the quarter, compared to analysts' expectations of $17.29 million. On average, equities research analysts expect that Princeton Bancorp, Inc. will post 2.84 earnings per share for the current fiscal year.
Princeton Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 10th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.02%. The ex-dividend date was Thursday, May 9th. Princeton Bancorp's dividend payout ratio is currently 31.91%.
Institutional Investors Weigh In On Princeton Bancorp
Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Princeton Bancorp by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 301,721 shares of the company's stock worth $9,287,000 after acquiring an additional 1,810 shares in the last quarter. Private Wealth Management Group LLC bought a new stake in Princeton Bancorp in the fourth quarter worth $2,025,000. Empowered Funds LLC increased its position in Princeton Bancorp by 8.0% in the first quarter. Empowered Funds LLC now owns 28,404 shares of the company's stock worth $874,000 after purchasing an additional 2,100 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in Princeton Bancorp by 20.6% during the third quarter. O Shaughnessy Asset Management LLC now owns 15,243 shares of the company's stock valued at $442,000 after purchasing an additional 2,602 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in Princeton Bancorp during the first quarter valued at $441,000. Institutional investors own 43.36% of the company's stock.
Princeton Bancorp Company Profile
(
Get Free Report)
Princeton Bancorp, Inc operates as the bank holding company for The Bank of Princeton that provides various banking products and services. It accepts various deposit products, including checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. The company also offers traditional retail banking services, one-to-four-family residential mortgage loans, multi-family and commercial mortgage loans, construction loans, and commercial business loans, as well as consumer loans, including home equity loans and lines of credit.
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