Insider Buying: Lars B. Eller Acquires 1,915 Shares of Royal Bancshares Of Pennsylvan Stock (RBPAA)
Royal Bancshares Of Pennsylvan (NASDAQ:RBPAA) EVP Lars B. Eller purchased 1,915 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 $1.20 per share, for a total transaction of $2,298.00. Following the transaction, the executive vice president now directly owns 12,239 shares of the company’s stock, valued at approximately $14,687. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
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 Pennsylvan (NASDAQ:RBPAA) traded up 5.96% on Wednesday, hitting $1.5258. 118,596 shares of the company’s stock traded hands. Royal Bancshares Of Pennsylvan has a 1-year low of $1.30 and a 1-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 $20.9 million and a price-to-earnings ratio of 6.21.
Royal Bancshares of Pennsylvania, Inc is a Pennsylvania business corporation and a bank holding company.
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