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Enterprise Bancorp (NASDAQ:EBTC) Director Mary Jane King purchased 1,000 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average price of $19.66 per share, for a total transaction of $19,660.00. Following the completion of the transaction, the director now directly owns 1,300 shares of the company’s stock, valued at approximately $25,558. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Enterprise Bancorp (NASDAQ:EBTC) opened at 19.59 on Friday. Enterprise Bancorp has a one year low of $17.41 and a one year high of $22.40. The stock’s 50-day moving average is $19.92 and its 200-day moving average is $19.58. The company has a market cap of $198.6 million and a P/E ratio of 14.41.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 2nd. Investors of record on Tuesday, August 12th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Friday, August 8th.

Enterprise Bancorp, Inc (NASDAQ:EBTC) operates as the holding company of Enterprise Bank and Trust Company referred to as Enterprise Bank (the Bank).

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