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Severn Bancorp (NASDAQ:SVBI) Director Raymond S. Crosby bought 2,000 shares of the stock in a transaction that occurred on Wednesday, June 4th. The stock was purchased at an average price of $4.74 per share, for a total transaction of $9,480.00. Following the acquisition, the director now directly owns 10,050 shares of the company’s stock, valued at approximately $47,637. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Severn Bancorp (NASDAQ:SVBI) opened at 4.79 on Friday. Severn Bancorp has a one year low of $4.10 and a one year high of $5.54. The stock has a 50-day moving average of $4.70 and a 200-day moving average of $4.62. The company’s market cap is $48.2 million.

Severn Bancorp, Inc (NASDAQ:SVBI) is a savings and loan holding company.

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