Insider Buying: Royal Bancshares Of Pennsylvan Insider Acquires 49,840 Shares of Stock (RBPAA)
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) Insider Robert A. Kuehl acquired 49,840 shares of Royal Bancshares Of Pennsylvan stock on the open market in a transaction dated Tuesday, July 1st. The stock was purchased at an average price of $1.20 per share, for a total transaction of $59,808.00. Following the acquisition, the insider now directly owns 52,840 shares in the company, valued at approximately $63,408. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) traded down 0.63% on Friday, hitting $1.60. 19,910 shares of the company’s stock traded hands. Royal Bancshares Of Pennsylvan has a 1-year low of $1.30 and a 1-year high of $3.88. The stock has a 50-day moving average of $2.01 and a 200-day moving average of $2.20. The company has a market cap of $20.9 million and a P/E ratio of 16.95.
RBPAA has been the subject of a number of recent research reports. Analysts at TheStreet downgraded shares of Royal Bancshares Of Pennsylvan from a “hold” rating to a “sell” rating in a research note on Tuesday.
Royal Bancshares of Pennsylvania, Inc is a Pennsylvania business corporation and a bank holding company.
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