Insider Buying: George Lista Purchases 1,000 Shares of Sussex Bancorp Stock (SBBX)
Sussex Bancorp (NASDAQ:SBBX) CEO George Lista purchased 1,000 shares of Sussex Bancorp stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $9.70 per share, for a total transaction of $9,700.00. Following the acquisition, the chief executive officer now directly owns 80,693 shares of the company’s stock, valued at approximately $782,722. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Shares of Sussex Bancorp (NASDAQ:SBBX) remained flat at $9.70 during trading on Friday. The stock had a trading volume of 1,073 shares. Sussex Bancorp has a one year low of $6.60 and a one year high of $9.85. The stock’s 50-day moving average is $9.3 and its 200-day moving average is $8.97. The company has a market cap of $45.3 million and a price-to-earnings ratio of 17.57.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 15th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Wednesday, August 13th.
Sussex Bancorp is a bank holding company for Sussex Bank (NASDAQ:SBBX).
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