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NewBridge Bancorp (NASDAQ:NBBC) Director Donald P. Johnson purchased 1,650 shares of NewBridge Bancorp stock on the open market in a transaction dated Thursday, July 31st. The stock was purchased at an average cost of $7.50 per share, with a total value of $12,375.00. Following the completion of the transaction, the director now directly owns 6,000 shares in the company, valued at approximately $45,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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 equities 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 an average target price of $8.17.

NewBridge Bancorp (NASDAQ:NBBC) traded up 1.35% on Thursday, hitting $7.51. 3,845 shares of the company’s stock traded hands. NewBridge Bancorp has a one year low of $6.40 and a one year high of $8.69. The stock has a 50-day moving average of $7.82 and a 200-day moving average of $7.43. The company has a market cap of $278.9 million and a P/E ratio of 27.86.

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

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

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