Suffolk Bancorp Director Steven M. Cohen Acquires 1,000 Shares (SUBK)
Suffolk Bancorp (NASDAQ:SUBK) Director Steven M. Cohen bought 1,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were purchased at an average price of $20.63 per share, for a total transaction of $20,630.00. Following the acquisition, the director now directly owns 8,100 shares of the company’s stock, valued at approximately $167,103. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of Suffolk Bancorp in a research note on Thursday, June 26th. They set a “market perform” rating and a $22.00 price target on the stock.
Suffolk Bancorp (NASDAQ:SUBK) opened at 20.83 on Tuesday. Suffolk Bancorp has a 1-year low of $16.25 and a 1-year high of $23.08. The stock has a 50-day moving average of $21.04 and a 200-day moving average of $21.51. The company has a market cap of $242.7 million and a P/E ratio of 16.04.
Suffolk Bancorp (NASDAQ:SUBK) last announced its earnings results on Tuesday, July 22nd. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.23 by $0.01. Analysts expect that Suffolk Bancorp will post $1.07 EPS for the current fiscal year.
Suffolk Bancorp (NASDAQ:SUBK) is a bank holding company for Suffolk County National Bank (the Bank).
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