Bancorp of New Jersey Inc (NYSEMKT:BKJ) Director Jay Blau sold 600 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $17.55, for a total transaction of $10,530.00. Following the completion of the transaction, the director now owns 35,729 shares in the company, valued at $627,043.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jay Blau also recently made the following trade(s):

  • On Saturday, September 9th, Jay Blau sold 1,000 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $17.50, for a total transaction of $17,500.00.
  • On Friday, September 8th, Jay Blau sold 100 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $17.25, for a total transaction of $1,725.00.

Shares of Bancorp of New Jersey Inc (NYSEMKT BKJ) traded down 1.13% during trading on Friday, reaching $17.50. 3,979 shares of the company’s stock traded hands. The stock has a market capitalization of $117.37 million, a PE ratio of 28.88 and a beta of -0.01. The company has a 50 day moving average price of $17.59 and a 200 day moving average price of $16.42. Bancorp of New Jersey Inc has a 1-year low of $10.50 and a 1-year high of $18.30.

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Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in shares of Bancorp of New Jersey by 28.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 19,427 shares of the financial services provider’s stock valued at $325,000 after acquiring an additional 4,355 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Bancorp of New Jersey by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 49,690 shares of the financial services provider’s stock valued at $829,000 after acquiring an additional 1,036 shares during the last quarter. Finally, Sei Investments Co. bought a new stake in shares of Bancorp of New Jersey in the 2nd quarter valued at approximately $2,065,000.

Separately, ValuEngine upgraded shares of Bancorp of New Jersey from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.

About Bancorp of New Jersey

Bancorp of New Jersey, Inc is a bank holding company for Bank of New Jersey (the Bank). The Company’s primary business is ownership and supervision of the Bank. The Company, through the Bank, conducts a traditional commercial banking business, accepting deposits from the general public, including individuals, businesses, non-profit organizations and governmental units.

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