Insider Buying: Atlantic Coast Financial Director Acquires 8,000 Shares of Stock (ACFC)
Atlantic Coast Financial (NASDAQ:ACFC) Director Kevin G. Champagne acquired 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The shares were purchased at an average price of $4.16 per share, for a total transaction of $33,280.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $20,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Atlantic Coast Financial (NASDAQ:ACFC) traded up 0.24% on Friday, hitting $4.16. The stock had a trading volume of 3,437 shares. Atlantic Coast Financial has a one year low of $3.00 and a one year high of $4.69. The stock’s 50-day moving average is $4.12 and its 200-day moving average is $4.11. The company’s market cap is $64.2 million.
Atlantic Coast Financial (NASDAQ:ACFC) last released its earnings data on Wednesday, July 30th. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ 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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