Blue Foundry Bancorp (NASDAQ:BLFY) Director Patrick H. Kinzler Acquires 2,300 Shares

Blue Foundry Bancorp (NASDAQ:BLFY – Get Rating) Director Patrick H. Kinzler acquired 2,300 shares of the company’s stock in a transaction that occurred on Tuesday, April 26th. The shares were acquired at an average cost of $12.79 per share, for a total transaction of $29,417.00. Following the completion of the transaction, the director now directly owns 13,676 shares of the company’s stock, valued at $174,916.04. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of NASDAQ:BLFY opened at $12.58 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The stock’s 50-day simple moving average is $13.49 and its two-hundred day simple moving average is $14.15. Blue Foundry Bancorp has a 52-week low of $12.13 and a 52-week high of $15.47.

Blue Foundry Bancorp (NASDAQ:BLFY – Get Rating) last announced its earnings results on Wednesday, April 27th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.03.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Citigroup Inc. bought a new stake in Blue Foundry Bancorp in the 3rd quarter worth approximately $44,000. Royal Bank of Canada purchased a new stake in shares of Blue Foundry Bancorp in the 3rd quarter worth $53,000. UBS Group AG purchased a new stake in shares of Blue Foundry Bancorp in the 3rd quarter worth $73,000. Strs Ohio bought a new position in shares of Blue Foundry Bancorp in the 3rd quarter worth $88,000. Finally, Metropolitan Life Insurance Co NY bought a new position in shares of Blue Foundry Bancorp in the 3rd quarter worth $120,000. 34.47% of the stock is currently owned by hedge funds and other institutional investors.

Blue Foundry Bancorp Company Profile (Get Rating)

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses. The company offers deposits; and loans, such as one-to-four family residential property, home equity, commercial real estate, multi-family, construction, commercial and industrial, and other consumer loans, as well as home equity lines of credit.

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