Insider Selling: Boston Private Financial Hldg Director Unloads 12,656 Shares of Stock (BPFH)
Boston Private Financial Hldg (NASDAQ:BPFH) Director Lynn Thompson Hoffman sold 12,656 shares of the stock on the open market in a transaction dated Thursday, September 4th. The shares were sold at an average price of $12.38, for a total transaction of $156,681.28. Following the completion of the transaction, the director now directly owns 84,574 shares in the company, valued at approximately $1,047,026. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Boston Private Financial Hldg (NASDAQ:BPFH) traded up 1.29% during mid-day trading on Thursday, hitting $12.52. The stock had a trading volume of 362,823 shares. Boston Private Financial Hldg has a one year low of $10.17 and a one year high of $14.64. The stock’s 50-day moving average is $12.41 and its 200-day moving average is $12.84. The company has a market cap of $1.007 billion and a P/E ratio of 14.17.
Boston Private Financial Hldg (NASDAQ:BPFH) last issued its quarterly earnings data on Tuesday, July 15th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.04. During the same quarter in the prior year, the company posted $0.18 earnings per share. Analysts expect that Boston Private Financial Hldg will post $0.87 EPS for the current fiscal year.
A number of analysts have recently weighed in on BPFH shares. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Boston Private Financial Hldg from $12.50 to $13.50 in a research note on Thursday, July 17th. Analysts at Macquarie reiterated a “neutral” rating on shares of Boston Private Financial Hldg in a research note on Thursday, July 17th. They now have a $13.50 price target on the stock, up previously from $13.00. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $13.07.
Boston Private Financial Holdings, Inc (NASDAQ:BPFH) is the bank holding company for Boston Private Bank & Trust Company (the Bank).
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