Insider Selling: Kenneth Burns Unloads 3,000 Shares of First Connecticut Bancorp Stock (FBNK)
First Connecticut Bancorp (NASDAQ:FBNK) Director Kenneth Burns sold 3,000 shares of First Connecticut Bancorp stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $14.09, for a total value of $42,270.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of First Connecticut Bancorp (NASDAQ:FBNK) traded up 0.57% during mid-day trading on Friday, hitting $14.10. 131,917 shares of the company’s stock traded hands. First Connecticut Bancorp has a 1-year low of $12.90 and a 1-year high of $15.60. The stock has a 50-day moving average of $14.53 and a 200-day moving average of $14.49. The company has a market cap of $219.6 million and a price-to-earnings ratio of 59.41.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 16th. Investors of record on Friday, September 6th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Wednesday, September 4th.
First Connecticut Bancorp, Inc (NASDAQ:FBNK) is a stock holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.