Colony Bankcorp, Inc. (NASDAQ:CBAN) insider Terry L. Hester sold 1,576 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $13.90, for a total transaction of $21,906.40. Following the completion of the sale, the insider now owns 109,873 shares in the company, valued at $1,527,234.70. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Colony Bankcorp, Inc. (NASDAQ CBAN) traded down $0.05 during trading hours on Friday, hitting $14.25. 952 shares of the company were exchanged, compared to its average volume of 3,807. The firm has a market cap of $120.26, a P/E ratio of 13.97 and a beta of 1.10. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.88. Colony Bankcorp, Inc. has a 1-year low of $9.45 and a 1-year high of $14.55.

Colony Bankcorp (NASDAQ:CBAN) last announced its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.30 earnings per share for the quarter. The business had revenue of $12.27 million for the quarter. Colony Bankcorp had a net margin of 17.00% and a return on equity of 10.68%.

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A hedge fund recently raised its stake in Colony Bankcorp stock. Polaris Capital Management LLC boosted its stake in shares of Colony Bankcorp, Inc. (NASDAQ:CBAN) by 11.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 369,955 shares of the financial services provider’s stock after buying an additional 37,826 shares during the period. Polaris Capital Management LLC owned approximately 4.38% of Colony Bankcorp worth $5,068,000 as of its most recent filing with the SEC. 14.98% of the stock is currently owned by institutional investors.

About Colony Bankcorp

Colony Bankcorp, Inc (Colony) is a bank holding company. The Company operates through its subsidiary, Colony Bank (the Bank). The Bank offers traditional banking products and services to commercial and consumer customers in its markets. The Bank’s product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans, commercial loans, agri-business and production loans, residential mortgage loans, home equity loans, consumer loans and a range of demand, savings and time deposit products, among others.

Insider Buying and Selling by Quarter for Colony Bankcorp (NASDAQ:CBAN)

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