Insider Buying: William D. Moss Purchases 1,000 Shares of Two Rivers Bancorp Stock (TRCB)
Two Rivers Bancorp (NASDAQ:TRCB) CEO William D. Moss bought 1,000 shares of Two Rivers Bancorp stock in a transaction dated Friday, August 1st. The stock was purchased at an average price of $8.20 per share, with a total value of $8,200.00. Following the completion of the acquisition, the chief executive officer now directly owns 120,440 shares in the company, valued at approximately $987,608. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Two Rivers Bancorp (NASDAQ:TRCB) traded up 1.10% during mid-day trading on Monday, hitting $8.25. 12,574 shares of the company’s stock traded hands. Two Rivers Bancorp has a 52 week low of $6.90 and a 52 week high of $8.94. The stock has a 50-day moving average of $8.53 and a 200-day moving average of $8.10. The company has a market cap of $65.3 million and a P/E ratio of 12.18.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders of record on Friday, August 8th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, August 6th.
Two River Bancorp, formerly Community Partners Bancorp, is a bank holding company. The Company’s wholly owned banking subsidiaries are The Town Bank (NASDAQ:TRCB) and Two River Community Bank (Two River).
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