Insider Selling: Bar Harbor Bankshares (BHB) Director Sells 1,088 Shares of Stock
Bar Harbor Bankshares (NYSE:BHB) Director Stephen R. Theroux sold 1,088 shares of the business’s stock in a transaction on Monday, June 19th. The shares were sold at an average price of $30.89, for a total transaction of $33,608.32. The sale was disclosed in a document filed with the SEC, which is available through this link.
Bar Harbor Bankshares (BHB) traded down 3.70% during trading on Tuesday, hitting $30.23. 28,841 shares of the stock traded hands. The company has a market capitalization of $465.24 million and a P/E ratio of 21.49. Bar Harbor Bankshares has a one year low of $22.41 and a one year high of $33.41. The company’s 50 day moving average is $30.08 and its 200 day moving average is $38.13.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Monday, May 15th were issued a dividend of $0.1867 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.47%. This is a positive change from Bar Harbor Bankshares’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, May 11th.
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About Bar Harbor Bankshares
Bar Harbor Bankshares is a bank holding company. The Company’s operating subsidiary, Bar Harbor Bank & Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.
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