Share on StockTwits

NewBridge Bancorp (NASDAQ:NBBC) Director Barry Z. Dodson acquired 4,000 shares of the stock on the open market in a transaction that occurred on Monday, July 28th. The stock was purchased at an average cost of $7.55 per share, with a total value of $30,200.00. Following the purchase, the director now directly owns 11,509 shares in the company, valued at approximately $86,893. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

NewBridge Bancorp (NASDAQ:NBBC) traded up 1.90% during mid-day trading on Monday, hitting $7.50. 54,631 shares of the company’s stock traded hands. NewBridge Bancorp has a 52 week low of $6.40 and a 52 week high of $8.69. The stock has a 50-day moving average of $7.95 and a 200-day moving average of $7.42. The company has a market cap of $278.5 million and a price-to-earnings ratio of 27.67.

NewBridge Bancorp (NASDAQ:NBBC) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.11. On average, analysts predict that NewBridge Bancorp will post $0.43 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Raymond James downgraded shares of NewBridge Bancorp from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 26th. They now have a $8.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods downgraded shares of NewBridge Bancorp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 18th. They now have a $8.50 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods downgraded shares of NewBridge Bancorp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 18th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. NewBridge Bancorp has an average rating of “Hold” and a consensus target price of $8.17.

NewBridge Bancorp (NASDAQ:NBBC) 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.