SG Americas Securities LLC Purchases Shares of 17,343 Republic First Bancorp, Inc. (NASDAQ:FRBK)

SG Americas Securities LLC acquired a new position in Republic First Bancorp, Inc. (NASDAQ:FRBKGet Rating) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,343 shares of the bank’s stock, valued at approximately $66,000.

Other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in shares of Republic First Bancorp in the first quarter worth $109,000. Wharton Business Group LLC bought a new stake in shares of Republic First Bancorp in the first quarter worth $92,000. EAM Investors LLC bought a new stake in shares of Republic First Bancorp in the first quarter worth $1,364,000. Park Avenue Securities LLC bought a new stake in shares of Republic First Bancorp in the first quarter worth $253,000. Finally, Amalgamated Bank bought a new stake in shares of Republic First Bancorp in the first quarter worth $28,000. Institutional investors own 71.23% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on FRBK shares. StockNews.com started coverage on shares of Republic First Bancorp in a research report on Saturday, November 12th. They set a “hold” rating on the stock. Piper Sandler dropped their price target on shares of Republic First Bancorp to $3.00 in a research report on Tuesday, November 1st.

Republic First Bancorp Trading Up 0.4 %

NASDAQ FRBK opened at $2.66 on Friday. The firm’s fifty day moving average price is $2.88 and its two-hundred day moving average price is $3.46. Republic First Bancorp, Inc. has a 1 year low of $2.53 and a 1 year high of $5.67. The firm has a market capitalization of $169.67 million, a P/E ratio of 8.06 and a beta of 0.97.

Republic First Bancorp Profile

(Get Rating)

Republic First Bancorp, Inc operates as the holding company for Republic First Bank that provides a range of credit and depository banking products and services to individuals and businesses. It accepts consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit.

See Also

Institutional Ownership by Quarter for Republic First Bancorp (NASDAQ:FRBK)

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