Cambridge Bancorp (CATC) Director Edward F. Jankowski Acquires 200 Shares
Cambridge Bancorp (NASDAQ:CATC) Director Edward F. Jankowski bought 200 shares of the company’s stock in a transaction dated Tuesday, December 5th. The shares were purchased at an average cost of $73.33 per share, with a total value of $14,666.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Cambridge Bancorp (NASDAQ:CATC) traded down $0.36 on Wednesday, hitting $73.33. The stock had a trading volume of 6,500 shares, compared to its average volume of 2,465. Cambridge Bancorp has a 12 month low of $61.50 and a 12 month high of $74.00. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $300.83, a P/E ratio of 16.52 and a beta of 0.12.
Cambridge Bancorp (NASDAQ:CATC) last posted its earnings results on Thursday, October 19th. The bank reported $1.22 earnings per share for the quarter. Cambridge Bancorp had a return on equity of 12.51% and a net margin of 20.30%. The company had revenue of $22.62 million during the quarter.
Several institutional investors and hedge funds have recently bought and sold shares of CATC. Page Arthur B acquired a new stake in shares of Cambridge Bancorp during the third quarter worth $765,000. Somerville Kurt F acquired a new stake in shares of Cambridge Bancorp during the third quarter worth $209,000. Sippican Capital Advisors acquired a new stake in shares of Cambridge Bancorp during the third quarter worth $2,115,000. S&CO Inc. acquired a new stake in shares of Cambridge Bancorp during the third quarter worth $415,000. Finally, John W. Rosenthal Capital Management Inc. acquired a new stake in shares of Cambridge Bancorp during the third quarter worth $349,000. 8.97% of the stock is owned by institutional investors.
Separately, ValuEngine downgraded Cambridge Bancorp from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.
About Cambridge Bancorp
Cambridge Bancorp is a bank holding company. The Company’s segment is community banking business, which consists of commercial banking, consumer banking, and trust and investment management services. Cambridge Trust Company (the Bank) is a subsidiary of the Company. The Bank offers a range of commercial and consumer banking services through its network of over 10 banking offices in Massachusetts.
Receive News & Ratings for Cambridge Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambridge Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.