Insider Buying: Malvern Bancorp Director Purchases 1,110 Shares of Stock (MLVF)
Malvern Bancorp (NASDAQ:MLVF) Director Stephen P. Scartozzi acquired 1,110 shares of the stock on the open market in a transaction dated Thursday, June 5th. The stock was purchased at an average price of $10.35 per share, with a total value of $11,488.50. Following the completion of the transaction, the director now directly owns 3,853 shares of the company’s stock, valued at approximately $39,879. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Malvern Bancorp (NASDAQ:MLVF) traded up 0.10% during mid-day trading on Friday, hitting $10.40. 10,375 shares of the company’s stock traded hands. Malvern Bancorp has a 52-week low of $10.13 and a 52-week high of $13.20. The stock’s 50-day moving average is $10.29 and its 200-day moving average is $10.67. The company’s market cap is $66.3 million.
Malvern Bancorp (NASDAQ:MLVF) last announced its earnings results on Monday, May 12th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.06. On average, analysts predict that Malvern Bancorp will post $0.07 earnings per share for the current fiscal year.
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