Martin Tuchman Acquires 1,022 Shares of Princeton Bancorp, Inc. (NASDAQ:BPRN) Stock

Princeton Bancorp, Inc. (NASDAQ:BPRNGet Free Report) Director Martin Tuchman bought 1,022 shares of Princeton Bancorp stock in a transaction dated Tuesday, June 4th. The shares were purchased at an average cost of $30.25 per share, for a total transaction of $30,915.50. Following the completion of the transaction, the director now owns 98,575 shares of the company’s stock, valued at approximately $2,981,893.75. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Martin Tuchman also recently made the following trade(s):

  • On Wednesday, May 29th, Martin Tuchman bought 1,000 shares of Princeton Bancorp stock. The shares were acquired at an average price of $30.25 per share, with a total value of $30,250.00.
  • On Thursday, May 23rd, Martin Tuchman purchased 1,000 shares of Princeton Bancorp stock. The shares were purchased at an average price of $30.55 per share, with a total value of $30,550.00.
  • On Tuesday, May 21st, Martin Tuchman purchased 1,000 shares of Princeton Bancorp stock. The stock was acquired at an average cost of $31.00 per share, with a total value of $31,000.00.
  • On Wednesday, May 8th, Martin Tuchman acquired 1,000 shares of Princeton Bancorp stock. The shares were purchased at an average cost of $29.95 per share, with a total value of $29,950.00.
  • On Tuesday, April 30th, Martin Tuchman bought 2,000 shares of Princeton Bancorp stock. The stock was acquired at an average price of $29.43 per share, for a total transaction of $58,860.00.
  • On Friday, March 15th, Martin Tuchman acquired 5,000 shares of Princeton Bancorp stock. The stock was purchased at an average price of $29.74 per share, for a total transaction of $148,700.00.
  • On Tuesday, March 12th, Martin Tuchman purchased 3,168 shares of Princeton Bancorp stock. The stock was purchased at an average cost of $29.99 per share, for a total transaction of $95,008.32.

Princeton Bancorp Trading Down 0.5 %

Shares of Princeton Bancorp stock opened at $29.88 on Friday. The company’s fifty day simple moving average is $30.17 and its 200-day simple moving average is $32.08. The company has a market cap of $188.81 million, a price-to-earnings ratio of 7.95 and a beta of 0.60. Princeton Bancorp, Inc. has a 1 year low of $26.37 and a 1 year high of $38.19.

Princeton Bancorp (NASDAQ:BPRNGet Free Report) last issued its earnings results on Thursday, April 25th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.67 by $0.01. The firm had revenue of $17.43 million during the quarter, compared to analyst estimates of $17.29 million. As a group, research analysts forecast that Princeton Bancorp, Inc. will post 2.84 earnings per share for the current fiscal year.

Princeton Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 10th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.02%. Princeton Bancorp’s dividend payout ratio is 31.91%.

Institutional Trading of Princeton Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quadrature Capital Ltd bought a new stake in shares of Princeton Bancorp in the 1st quarter valued at about $441,000. Vanguard Group Inc. boosted its position in Princeton Bancorp by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 301,721 shares of the company’s stock worth $9,287,000 after acquiring an additional 1,810 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Princeton Bancorp by 8.0% during the 1st quarter. Empowered Funds LLC now owns 28,404 shares of the company’s stock worth $874,000 after purchasing an additional 2,100 shares in the last quarter. Private Wealth Management Group LLC bought a new stake in shares of Princeton Bancorp during the 4th quarter worth approximately $2,025,000. Finally, Ritholtz Wealth Management bought a new stake in shares of Princeton Bancorp during the 4th quarter worth approximately $218,000. 43.36% of the stock is owned by institutional investors.

Princeton Bancorp Company Profile

(Get Free Report)

Princeton Bancorp, Inc operates as the bank holding company for The Bank of Princeton that provides various banking products and services. It accepts various deposit products, including checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. The company also offers traditional retail banking services, one-to-four-family residential mortgage loans, multi-family and commercial mortgage loans, construction loans, and commercial business loans, as well as consumer loans, including home equity loans and lines of credit.

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Insider Buying and Selling by Quarter for Princeton Bancorp (NASDAQ:BPRN)

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