Southcoast Financial Corp. Insider William Richard Billings Purchases 1,053 Shares (SOCB)
Southcoast Financial Corp. (NASDAQ:SOCB) Insider William Richard Billings purchased 1,053 shares of the company’s stock on the open market in a transaction dated Wednesday, January 8th. The stock was purchased at an average cost of $4.56 per share, with a total value of $4,801.68. Following the acquisition, the insider now directly owns 83,115 shares of the company’s stock, valued at approximately $379,004. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Southcoast Financial Corp. (NASDAQ:SOCB) traded down 2.98% on Monday, hitting $6.18. The stock had a trading volume of 606 shares. Southcoast Financial Corp. has a 1-year low of $4.0174 and a 1-year high of $6.60. The stock’s 50-day moving average is $5.93 and its 200-day moving average is $5.65. The company has a market cap of $43.8 million and a price-to-earnings ratio of 4.66.
Southcoast Financial Corporation is a holding company for Southcoast Community Bank (NASDAQ:SOCB).
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