Insider Selling: Hampden Bancorp Director Sells 3,000 Shares of Stock (HBNK)
Hampden Bancorp (NASDAQ:HBNK) Director Thomas Burton sold 3,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $16.97, for a total transaction of $50,910.00. Following the completion of the transaction, the director now directly owns 56,443 shares in the company, valued at approximately $957,838. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Hampden Bancorp (NASDAQ:HBNK) remained flat at $17.00 during trading on Monday. The stock had a trading volume of 1,535 shares. Hampden Bancorp has a 1-year low of $15.13 and a 1-year high of $18.42. The stock has a 50-day moving average of $16.78 and a 200-day moving average of $16.24. The company has a market cap of $90.6 million and a P/E ratio of 20.48.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Friday, August 15th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Wednesday, August 13th. This is an increase from Hampden Bancorp’s previous quarterly dividend of $0.06.
Hampden Bancorp, Inc serves as a bank holding company for Hampden Bank (NASDAQ:HBNK).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.