LINKBANCORP, Inc. (NASDAQ:LNKB - Get Free Report) Director George Parmer acquired 2,500 shares of the stock in a transaction on Wednesday, September 11th. The shares were bought at an average price of $6.05 per share, for a total transaction of $15,125.00. Following the purchase, the director now owns 191,488 shares in the company, valued at $1,158,502.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
George Parmer also recently made the following trade(s):
- On Monday, August 5th, George Parmer purchased 5,000 shares of LINKBANCORP stock. The stock was acquired at an average price of $6.46 per share, for a total transaction of $32,300.00.
- On Friday, August 2nd, George Parmer purchased 5,000 shares of LINKBANCORP stock. The stock was acquired at an average price of $6.78 per share, for a total transaction of $33,900.00.
LINKBANCORP Trading Up 1.3 %
Shares of LNKB opened at $6.40 on Friday. LINKBANCORP, Inc. has a 52-week low of $5.86 and a 52-week high of $8.29. The business's fifty day moving average is $6.59 and its 200-day moving average is $6.58. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market cap of $239.10 million, a price-to-earnings ratio of -24.62 and a beta of 0.51.
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LINKBANCORP (NASDAQ:LNKB - Get Free Report) last issued its quarterly earnings results on Monday, July 29th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). LINKBANCORP had a negative net margin of 0.34% and a positive return on equity of 6.71%. The business had revenue of $26.34 million during the quarter, compared to the consensus estimate of $27.17 million. Equities analysts anticipate that LINKBANCORP, Inc. will post 0.7 EPS for the current fiscal year.
LINKBANCORP Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.30 dividend on an annualized basis and a yield of 4.69%. LINKBANCORP's dividend payout ratio is currently -115.38%.
Institutional Investors Weigh In On LINKBANCORP
A number of hedge funds and other institutional investors have recently bought and sold shares of LNKB. Brown Advisory Inc. bought a new stake in LINKBANCORP during the 4th quarter worth $1,724,000. Heritage Wealth Advisors bought a new stake in LINKBANCORP during the 4th quarter worth $39,000. Leo Wealth LLC bought a new stake in LINKBANCORP during the 4th quarter worth $92,000. Hillsdale Investment Management Inc. bought a new stake in LINKBANCORP during the 1st quarter worth $164,000. Finally, Bank of New York Mellon Corp acquired a new position in LINKBANCORP during the 2nd quarter worth about $397,000. Institutional investors own 37.52% of the company's stock.
About LINKBANCORP
(
Get Free Report)
LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.
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