LINKBANCORP, Inc. (NASDAQ:LNKB – Get Free Report) insider Catherine Eisel bought 23,643 shares of the stock in a transaction dated Wednesday, September 4th. The shares were acquired at an average price of $6.23 per share, for a total transaction of $147,295.89. Following the completion of the purchase, the insider now directly owns 23,643 shares in the company, valued at $147,295.89. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
Catherine Eisel also recently made the following trade(s):
- On Friday, August 9th, Catherine Eisel purchased 7,080 shares of LINKBANCORP stock. The shares were acquired at an average price of $6.28 per share, for a total transaction of $44,462.40.
LINKBANCORP Stock Performance
LINKBANCORP stock opened at $6.15 on Friday. The firm has a fifty day simple moving average of $6.60 and a two-hundred day simple moving average of $6.60. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.37. LINKBANCORP, Inc. has a twelve month low of $5.86 and a twelve month high of $8.29. The company has a market capitalization of $229.74 million, a PE ratio of -23.65 and a beta of 0.51.
LINKBANCORP Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 4.88%. The ex-dividend date is Friday, August 30th. LINKBANCORP’s dividend payout ratio (DPR) is -115.38%.
Wall Street Analyst Weigh In
Separately, Stephens reaffirmed an “equal weight” rating and issued a $7.50 price target on shares of LINKBANCORP in a report on Monday, May 13th.
Read Our Latest Stock Analysis on LINKBANCORP
Hedge Funds Weigh In On LINKBANCORP
A number of hedge funds have recently added to or reduced their stakes in LNKB. Heritage Wealth Advisors purchased a new position in shares of LINKBANCORP during the fourth quarter valued at approximately $39,000. The Manufacturers Life Insurance Company purchased a new position in shares of LINKBANCORP during the 2nd quarter valued at about $65,000. Leo Wealth LLC bought a new position in shares of LINKBANCORP in the fourth quarter worth approximately $92,000. Truist Financial Corp purchased a new position in shares of LINKBANCORP in the second quarter valued at about $73,000. Finally, Rhumbline Advisers purchased a new position in LINKBANCORP during the second quarter valued at $137,000. 37.52% of the stock is currently owned by hedge funds and other institutional investors.
LINKBANCORP Company Profile
LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.
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