Southcoast Financial Corp. Treasurer Robert Marshall Scott Purchases 1,316 Shares (SOCB)
Southcoast Financial Corp. (NASDAQ:SOCB) Treasurer Robert Marshall Scott purchased 1,316 shares of the stock on the open market in a transaction that occurred on Wednesday, January 8th. The stock was purchased at an average price of $4.56 per share, for a total transaction of $6,000.96. Following the completion of the transaction, the treasurer now directly owns 133,840 shares of the company’s stock, valued at approximately $610,310. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Southcoast Financial Corp. (NASDAQ:SOCB) traded down 2.98% during mid-day trading on Monday, hitting $6.18. 606 shares of the company’s stock traded hands. Southcoast Financial Corp. has a one year low of $4.0174 and a one 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 P/E ratio of 4.66.
Southcoast Financial Corporation is a holding company for Southcoast Community Bank (NASDAQ:SOCB).
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