Key Points
- Maura Ellen Sullivan, a director, purchased 2,937 shares on Dec. 8 at $16.83 ($49,429.71) and 563 shares on Dec. 9 at $16.98 ($9,559.74), totaling 3,500 shares for about $58,990, as disclosed in an SEC filing.
- ECB Bancorp shares trade near $16.84 with a market cap of $148.19M, a P/E of 21.32 and a 52‑week range of $12.56–$17.75, and Wall Street’s consensus rating on the stock is Hold.
ECB Bancorp, Inc. (NASDAQ:ECBK - Get Free Report) Director Maura Ellen Sullivan purchased 2,937 shares of the company's stock in a transaction on Monday, December 8th. The shares were bought at an average price of $16.83 per share, with a total value of $49,429.71. Following the completion of the transaction, the director owned 2,937 shares of the company's stock, valued at approximately $49,429.71. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Maura Ellen Sullivan also recently made the following trade(s):
- On Tuesday, December 9th, Maura Ellen Sullivan acquired 563 shares of ECB Bancorp stock. The shares were bought at an average cost of $16.98 per share, with a total value of $9,559.74.
ECB Bancorp Stock Up 0.2%
Shares of NASDAQ ECBK opened at $16.84 on Wednesday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.53. The business's 50 day moving average is $16.42 and its two-hundred day moving average is $16.18. ECB Bancorp, Inc. has a 52-week low of $12.56 and a 52-week high of $17.75. The firm has a market cap of $148.19 million, a price-to-earnings ratio of 21.32 and a beta of 0.45.
ECB Bancorp (NASDAQ:ECBK - Get Free Report) last released its earnings results on Wednesday, October 22nd. The company reported $0.29 earnings per share for the quarter. The company had revenue of $8.80 million during the quarter. ECB Bancorp had a return on equity of 3.93% and a net margin of 8.69%.
Institutional Investors Weigh In On ECB Bancorp
A number of large investors have recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in shares of ECB Bancorp by 114.6% in the 2nd quarter. Geode Capital Management LLC now owns 172,835 shares of the company's stock valued at $2,669,000 after purchasing an additional 92,310 shares in the last quarter. Jane Street Group LLC acquired a new stake in ECB Bancorp in the first quarter valued at $200,000. New York State Common Retirement Fund purchased a new stake in ECB Bancorp during the 2nd quarter worth about $103,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of ECB Bancorp during the 2nd quarter worth about $65,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of ECB Bancorp in the 2nd quarter valued at about $56,000. 30.27% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of ECB Bancorp in a report on Monday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, ECB Bancorp presently has a consensus rating of "Hold".
Get Our Latest Stock Report on ECB Bancorp
About ECB Bancorp
(
Get Free Report)
ECB Bancorp, Inc operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
