Georgetown Bancorp COO Philip J. Bryan Unloads 1,033 Shares (GTWN)
Georgetown Bancorp (NASDAQ:GTWN) COO Philip J. Bryan sold 1,033 shares of Georgetown Bancorp stock on the open market in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $14.08, for a total transaction of $14,544.64. Following the completion of the sale, the chief operating officer now directly owns 6,937 shares of the company’s stock, valued at approximately $97,673. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Separately, analysts at TheStreet upgraded shares of Georgetown Bancorp from a “sell” rating to a “hold” rating in a research note on Monday, April 21st.
Shares of Georgetown Bancorp (NASDAQ:GTWN) traded up 2.04% on Tuesday, hitting $15.00. The stock had a trading volume of 588 shares. Georgetown Bancorp has a 52-week low of $13.50 and a 52-week high of $16.50. The stock’s 50-day moving average is $14.84 and its 200-day moving average is $15.02. The company has a market cap of $25.8 million and a P/E ratio of 32.24.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, May 27th. Shareholders of record on Monday, May 12th will be paid a dividend of $0.0425 per share. This represents a $0.17 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Thursday, May 8th. This is a positive change from Georgetown Bancorp’s previous quarterly dividend of $0.04.
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