Insider Buying: Jeffrey Williams Buys 1,250 Shares of SP Bancorp Stock (SPBC)
SP Bancorp (NASDAQ:SPBC) Director Jeffrey Williams purchased 1,250 shares of SP Bancorp stock on the open market in a transaction dated Monday, September 9th. The stock was purchased at an average price of $20.00 per share, for a total transaction of $25,000.00. Following the completion of the transaction, the director now directly owns 4,315 shares of the company’s stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of SP Bancorp (NASDAQ:SPBC) traded down 2.23% during mid-day trading on Wednesday, hitting $19.26. The stock had a trading volume of 500 shares. SP Bancorp has a 1-year low of $13.25 and a 1-year high of $23.10. The stock’s 50-day moving average is $18.9 and its 200-day moving average is $18.51. The company has a market cap of $29.2 million and a price-to-earnings ratio of 17.96.
SP Bancorp, Inc, is a holding company for SharePlus Federal Bank (NASDAQ:SPBC).
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