Royal Bancshares Of Pennsylvan EVP Acquires $2,298 in Stock (RBPAA)
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) EVP Lars B. Eller bought 1,915 shares of the stock on the open market in a transaction that occurred on Friday, August 15th. The stock was purchased at an average cost of $1.20 per share, for a total transaction of $2,298.00. Following the completion of the purchase, the executive vice president now directly owns 12,239 shares of the company’s stock, valued at approximately $14,687. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) remained flat at $1.44 during trading on Tuesday. 151,458 shares of the company’s stock traded hands. Royal Bancshares Of Pennsylvan has a 52-week low of $1.30 and a 52-week 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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