Insider Selling: Norwood Financial Co. (NWFL) EVP Sells 2,219 Shares of Stock
Norwood Financial Co. (NASDAQ:NWFL) EVP John F. Carmody sold 2,219 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $30.17, for a total value of $66,947.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Norwood Financial Co. (NASDAQ NWFL) traded down $0.33 during trading on Friday, reaching $29.90. The company’s stock had a trading volume of 2,176 shares, compared to its average volume of 11,915. Norwood Financial Co. has a 12 month low of $21.17 and a 12 month high of $33.74. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $188.48, a P/E ratio of 18.15 and a beta of 0.14.
Norwood Financial (NASDAQ:NWFL) last released its earnings results on Tuesday, October 24th. The financial services provider reported $0.47 EPS for the quarter. Norwood Financial had a return on equity of 9.07% and a net margin of 23.08%. The company had revenue of $10.73 million during the quarter.
Hedge funds have recently made changes to their positions in the company. Bessemer Group Inc. increased its position in shares of Norwood Financial by 416.7% in the third quarter. Bessemer Group Inc. now owns 4,650 shares of the financial services provider’s stock valued at $142,000 after buying an additional 3,750 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Norwood Financial in the third quarter valued at $147,000. New York State Common Retirement Fund purchased a new position in shares of Norwood Financial in the second quarter valued at $173,000. Stifel Financial Corp purchased a new position in shares of Norwood Financial in the third quarter valued at $221,000. Finally, California State Teachers Retirement System purchased a new position in shares of Norwood Financial in the second quarter valued at $287,000. Institutional investors and hedge funds own 17.37% of the company’s stock.
Norwood Financial Company Profile
Norwood Financial Corp. is a bank holding company. The Company operates through its subsidiary, Wayne Bank (the Bank). The Bank is a chartered bank and trust company. The Bank is an independent community bank that operates over five offices in the Wayne County, approximately three offices in Pike County, four offices in Monroe County and over three offices in Lackawanna County.
Receive News & Ratings for Norwood Financial Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwood Financial Co. and related companies with MarketBeat.com's FREE daily email newsletter.