Salisbury Bancorp, Inc. (NASDAQ:SAL) Director Holly J. Nelson sold 900 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $49.18, for a total value of $44,262.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Salisbury Bancorp, Inc. (SAL) traded down $1.90 during trading hours on Wednesday, hitting $47.50. The stock had a trading volume of 2,822 shares, compared to its average volume of 3,025. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.99 and a quick ratio of 0.99. Salisbury Bancorp, Inc. has a one year low of $37.30 and a one year high of $51.80. The firm has a market capitalization of $125.78, a price-to-earnings ratio of 21.30 and a beta of 0.61.
Salisbury Bancorp (NASDAQ:SAL) last issued its earnings results on Friday, January 26th. The bank reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.21. Salisbury Bancorp had a return on equity of 7.82% and a net margin of 14.13%. The company had revenue of $10.21 million for the quarter, compared to analyst estimates of $10.20 million. research analysts anticipate that Salisbury Bancorp, Inc. will post 3.08 EPS for the current year.
Large investors have recently modified their holdings of the company. Shufro Rose & Co. LLC acquired a new position in shares of Salisbury Bancorp during the third quarter worth approximately $209,000. Dimensional Fund Advisors LP raised its position in shares of Salisbury Bancorp by 1.9% during the second quarter. Dimensional Fund Advisors LP now owns 25,711 shares of the bank’s stock worth $1,066,000 after purchasing an additional 490 shares during the period. Finally, ZPR Investment Management bought a new stake in Salisbury Bancorp during the second quarter worth $203,000. 9.83% of the stock is currently owned by institutional investors.
SAL has been the topic of a number of research reports. Zacks Investment Research raised Salisbury Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, December 2nd. ValuEngine lowered Salisbury Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, December 15th.
ILLEGAL ACTIVITY NOTICE: This story was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.americanbankingnews.com/2018/02/07/salisbury-bancorp-inc-sal-director-holly-j-nelson-sells-900-shares.html.
About Salisbury Bancorp
Salisbury Bancorp, Inc is a bank holding company for Salisbury Bank and Trust Company (the Bank). The Bank is a Connecticut-chartered and Federal Deposit Insurance Corporation (the FDIC) insured commercial bank. The Bank provides commercial banking, consumer financing, retail banking and trust and wealth advisory services through a network of over 10 banking offices and approximately nine automated teller machines (ATMs).
Receive News & Ratings for Salisbury Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salisbury Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.