Select Bancorp Inc. (NASDAQ:SLCT) Director V. Parker Overton sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of $8.35, for a total value of $41,750.00. Following the completion of the transaction, the director now owns 132,388 shares of the company’s stock, valued at $1,105,439.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
V. Parker Overton also recently made the following trade(s):
- On Monday, September 19th, V. Parker Overton sold 25,000 shares of Select Bancorp stock. The stock was sold at an average price of $8.35, for a total value of $208,750.00.
- On Friday, September 16th, V. Parker Overton sold 5,068 shares of Select Bancorp stock. The stock was sold at an average price of $8.25, for a total value of $41,811.00.
- On Wednesday, September 14th, V. Parker Overton sold 200 shares of Select Bancorp stock. The stock was sold at an average price of $8.73, for a total value of $1,746.00.
Select Bancorp Inc. (NASDAQ:SLCT) opened at 8.05 on Thursday. Select Bancorp Inc. has a 1-year low of $7.10 and a 1-year high of $9.44. The company has a market capitalization of $93.62 million, a P/E ratio of 14.91 and a beta of 0.14. The firm has a 50-day moving average price of $8.17 and a 200 day moving average price of $8.12.
Select Bancorp (NASDAQ:SLCT) last posted its earnings results on Tuesday, July 26th. The company reported $0.16 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.01. Select Bancorp had a return on equity of 6.50% and a net margin of 17.24%. On average, equities analysts predict that Select Bancorp Inc. will post $0.64 EPS for the current year.
Separately, Zacks Investment Research upgraded Select Bancorp from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a research note on Friday, August 26th.
Select Bancorp Company Profile
Select Bancorp, Inc is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services.
Receive News & Ratings for Select Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.