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BSB Bancorp (NASDAQ:BLMT) COO Hal R. Tovin purchased 8,591 shares of the company’s stock on the open market in a transaction dated Thursday, May 8th. The stock was purchased at an average cost of $17.44 per share, with a total value of $149,827.04. Following the purchase, the chief operating officer now directly owns 88,970 shares of the company’s stock, valued at approximately $1,551,637. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

BSB Bancorp (NASDAQ:BLMT) traded up 1.63% on Monday, hitting $18.09. The stock had a trading volume of 16,549 shares. BSB Bancorp has a 52-week low of $12.60 and a 52-week high of $18.65. The stock’s 50-day moving average is $17.26 and its 200-day moving average is $15.82. The company has a market cap of $153.8 million and a price-to-earnings ratio of 71.20.

BSB Bancorp, Inc (NASDAQ:BLMT) is a holding company of Belmont Savings Bank (Belmont Savings).

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