Royal Bancshares Of Pennsylvan CEO Acquires $199,362 in Stock (RBPAA)
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) CEO F Kevin Tylus acquired 166,135 shares of the stock in a transaction dated Tuesday, July 1st. The shares were purchased at an average cost of $1.20 per share, with a total value of $199,362.00. Following the completion of the transaction, the chief executive officer now directly owns 218,313 shares in the company, valued at approximately $261,976. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) traded down 0.63% during mid-day trading on Friday, hitting $1.60. The stock had a trading volume of 19,910 shares. 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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