Avidia Bancorp (NYSE:AVBC) Director Micheal Neil Flanigan Sells 900 Shares of Company Stock

November 7, 2026 by InsiderTrades.com

Key Points

Director Micheal Neil Flanigan sold 900 Avidia Bancorp shares at an average $23.24, leaving him with 100 shares. He had also sold 5,000 shares in September.
Avidia Bancorp reported quarterly EPS of $0.47, beating the $0.38 consensus, while revenue of $31.16 million topped expectations of $30.08 million.
The company announced a quarterly dividend of $0.06 per share, equivalent to a 1.1% annualized yield. Analysts’ consensus rating is Hold, with an average price target of $26.

Avidia Bancorp, Inc. (NYSE:AVBC - Get Free Report) Director Micheal Neil Flanigan sold 900 shares of the company's stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $23.24, for a total transaction of $20,916.00. Following the completion of the sale, the director directly owned 100 shares of the company's stock, valued at $2,324. This represents a 90.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Micheal Neil Flanigan also recently made the following trade(s):

On Friday, September 18th, Micheal Neil Flanigan sold 5,000 shares of Avidia Bancorp stock. The stock was sold at an average price of $22.34, for a total transaction of $111,700.00.

Avidia Bancorp Trading Down 0.9%

AVBC stock traded down $0.20 during trading on Friday, reaching $22.41. 80,519 shares of the stock were exchanged, compared to its average volume of 109,584. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $447.55 million, a price-to-earnings ratio of 15.25 and a beta of -0.50. The business has a 50 day moving average price of $22.22 and a 200-day moving average price of $20.72. Avidia Bancorp, Inc. has a 1 year low of $14.84 and a 1 year high of $24.00.

Avidia Bancorp (NYSE:AVBC - Get Free Report) last posted its quarterly earnings results on Friday, October 23rd. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.09. The business had revenue of $31.16 million during the quarter, compared to analysts' expectations of $30.08 million. Avidia Bancorp had a net margin of 17.49% and a return on equity of 7.06%. On average, research analysts predict that Avidia Bancorp, Inc. will post 1.55 earnings per share for the current year.

Avidia Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Tuesday, November 17th will be given a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, November 17th. This represents a $0.24 dividend on an annualized basis and a yield of 1.1%. Avidia Bancorp's payout ratio is presently 16.33%.

Analysts Set New Price Targets

AVBC has been the subject of a number of research reports. Hovde Group initiated coverage on Avidia Bancorp in a research note on Monday, October 5th. They issued an "outperform" rating and a $26.00 price objective for the company. Weiss Ratings raised Avidia Bancorp from a "sell (d-)" rating to a "sell (d)" rating in a research note on Tuesday, September 1st. Zacks Research lowered Avidia Bancorp from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 21st. Finally, Seaport Research Partners restated a "buy" rating and set a $25.00 target price on shares of Avidia Bancorp in a report on Friday, July 24th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Avidia Bancorp has a consensus rating of "Hold" and an average target price of $26.00.

Read Our Latest Stock Analysis on AVBC

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AVBC. Diversified Trust Co purchased a new position in Avidia Bancorp in the third quarter valued at $297,000. Allworth Financial LP purchased a new stake in Avidia Bancorp during the 3rd quarter worth about $36,000. Russell Investments Group Ltd. increased its holdings in Avidia Bancorp by 36.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 90,431 shares of the company's stock worth $1,953,000 after purchasing an additional 24,354 shares during the period. Engineers Gate Manager LP increased its holdings in Avidia Bancorp by 22.3% during the 2nd quarter. Engineers Gate Manager LP now owns 15,420 shares of the company's stock worth $324,000 after purchasing an additional 2,813 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in Avidia Bancorp in the 2nd quarter valued at about $372,000.

Avidia Bancorp Company Profile

(Get Free Report)

Avidia Bancorp, Inc is the holding company for Avidia Bank, a community-focused financial institution headquartered in Hudson, Massachusetts. The company serves consumers, businesses and nonprofit organizations primarily across central Massachusetts and the MetroWest region.

Avidia Bank provides a range of banking products and services, including checking and savings accounts, certificates of deposit, residential mortgages, home equity financing, consumer loans and commercial lending. Its business banking offerings include commercial real estate loans, business lines of credit, cash management and deposit services.