Insider Selling: Daniel A. Hurley III Unloads 1,200 Shares of Bar Harbor Bankshares Stock (BHB)
Bar Harbor Bankshares (NYSE:BHB) SVP Daniel A. Hurley III sold 1,200 shares of the stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $24.60, for a total transaction of $29,520.00. Following the completion of the sale, the senior vice president now directly owns 15,156 shares in the company, valued at approximately $372,838. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Bar Harbor Bankshares (NYSE:BHB) traded up 2.33% during mid-day trading on Thursday, hitting $25.07. The stock had a trading volume of 9,406 shares. Bar Harbor Bankshares has a 52 week low of $22.74 and a 52 week high of $27.6467. The stock has a 50-day moving average of $25.19 and a 200-day moving average of $25.48. The company has a market cap of $148.3 million and a P/E ratio of 10.59.
Bar Harbor Bankshares (NYSE:BHB) last released its earnings data on Tuesday, April 29th. The company reported $0.95 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.79 by $0.16. Analysts expect that Bar Harbor Bankshares will post $2.34 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 13th. Shareholders of record on Wednesday, May 28th will be given a dividend of $0.223 per share. This represents a $0.89 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Friday, May 23rd. This is a positive change from Bar Harbor Bankshares’s previous quarterly dividend of $0.22.
Bar Harbor Bankshares (NYSE:BHB) is a bank holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.