SI Financial Group, Inc. (NASDAQ:SIFI) CEO Rheo A. Brouillard sold 2,532 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $14.13, for a total transaction of $35,777.16. Following the completion of the sale, the chief executive officer now directly owns 46,877 shares in the company, valued at $662,372.01. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of SI Financial Group, Inc. (NASDAQ:SIFI) traded down $0.20 on Tuesday, reaching $13.90. 12,400 shares of the company traded hands, compared to its average volume of 10,456. SI Financial Group, Inc. has a 1 year low of $13.50 and a 1 year high of $16.45. The stock has a market cap of $172.08, a P/E ratio of 12.41 and a beta of 0.28. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.07 and a current ratio of 1.07.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 26th. Investors of record on Monday, February 5th will be paid a dividend of $0.06 per share. This is an increase from SI Financial Group’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 1.73%. The ex-dividend date is Friday, February 2nd. SI Financial Group’s dividend payout ratio is presently 21.43%.
COPYRIGHT VIOLATION WARNING: “Insider Selling: SI Financial Group, Inc. (SIFI) CEO Sells 2,532 Shares of Stock” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://www.americanbankingnews.com/2018/02/13/insider-selling-si-financial-group-inc-sifi-ceo-sells-2532-shares-of-stock.html.
About SI Financial Group
SI Financial Group, Inc is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services.
Receive News & Ratings for SI Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SI Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.