Insider Selling: Territorial Bancorp CEO Sells 1,186 Shares of Stock (TBNK)
Territorial Bancorp (NASDAQ:TBNK) CEO Allan Kitagawa sold 1,186 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $22.20, for a total value of $26,329.20. Following the transaction, the chief executive officer now directly owns 170,544 shares in the company, valued at approximately $3,786,077. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Territorial Bancorp (NASDAQ:TBNK) traded down 0.14% on Tuesday, hitting $22.12. 6,352 shares of the company’s stock traded hands. Territorial Bancorp has a one year low of $21.05 and a one year high of $24.38. The stock has a 50-day moving average of $21.86 and a 200-day moving average of $22.90. The company has a market cap of $214.9 million and a price-to-earnings ratio of 15.28.
Territorial Bancorp (NASDAQ:TBNK) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.05.
Territorial Bancorp Inc owns 100% of Territorial Savings Bank (NASDAQ:TBNK).
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