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Atlantic Coast Financial (NASDAQ:ACFC) Director Kevin G. Champagne bought 2,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 28th. The stock was purchased at an average price of $4.15 per share, with a total value of $8,300.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $20,750. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Atlantic Coast Financial (NASDAQ:ACFC) traded up 0.24% during mid-day trading on Friday, hitting $4.16. The stock had a trading volume of 1,935 shares. Atlantic Coast Financial has a 1-year low of $3.00 and a 1-year high of $4.69. The stock has a 50-day moving average of $4.12 and a 200-day moving average of $4.11. The company’s market cap is $64.2 million.

Atlantic Coast Financial (NASDAQ:ACFC) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.02 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.02. On average, analysts predict that Atlantic Coast Financial will post $0.11 earnings per share for the current fiscal year.

Atlantic Coast Financial Corporation, formerly Atlantic Coast Federal Corporation is a holding company.

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