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NewBridge Bancorp (NASDAQ:NBBC) Director Donald P. Johnson acquired 1,650 shares of the stock in a transaction dated Thursday, July 31st. The shares were purchased at an average price of $7.50 per share, for a total transaction of $12,375.00. Following the transaction, the director now directly owns 6,000 shares of the company’s stock, valued at approximately $45,000. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Shares of NewBridge Bancorp (NASDAQ:NBBC) traded up 0.96% during mid-day trading on Wednesday, hitting $7.35. 12,326 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’s 50-day moving average is $7.83 and its 200-day moving average is $7.43. The company has a market cap of $272.9 million and a price-to-earnings ratio of 27.37.

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

A number of research firms have recently commented on NBBC. 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 given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $8.17.

NewBridge Bancorp (NASDAQ:NBBC) is a bank holding company.

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