Insider Buying: William R. Hartman Acquires 65,000 Shares of Royal Bancshares Of Pennsylvan Stock (RBPAA)
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) Director William R. Hartman acquired 65,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 15th. The shares were purchased at an average price of $1.56 per share, with a total value of $101,400.00. Following the acquisition, the director now directly owns 200,880 shares in the company, valued at approximately $313,373. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) remained flat at $1.44 during trading on Tuesday. The stock had a trading volume of 151,458 shares. Royal Bancshares Of Pennsylvan has a one year low of $1.30 and a one year high of $3.88. The stock has a 50-day moving average of $1.84 and a 200-day moving average of $2.28. The company has a market cap of $19.8 million and a price-to-earnings ratio of 6.21.
Separately, analysts at TheStreet downgraded shares of Royal Bancshares Of Pennsylvan from a “hold” rating to a “sell” rating in a research note on Tuesday, July 8th.
Royal Bancshares of Pennsylvania, Inc is a Pennsylvania business corporation and a bank holding company.
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