BSB Bancorp Inc (NASDAQ:BLMT) Director John W. Gahan III sold 600 shares of the business’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $33.65, for a total transaction of $20,190.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

John W. Gahan III also recently made the following trade(s):

  • On Monday, August 13th, John W. Gahan III sold 600 shares of BSB Bancorp stock. The shares were sold at an average price of $33.31, for a total transaction of $19,986.00.
  • On Monday, July 9th, John W. Gahan III sold 600 shares of BSB Bancorp stock. The shares were sold at an average price of $35.15, for a total transaction of $21,090.00.

Shares of BSB Bancorp stock opened at $33.45 on Wednesday. The stock has a market capitalization of $330.09 million, a PE ratio of 14.72 and a beta of 0.35. BSB Bancorp Inc has a 52-week low of $27.75 and a 52-week high of $36.50. The company has a debt-to-equity ratio of 4.49, a current ratio of 1.45 and a quick ratio of 1.44.

BSB Bancorp (NASDAQ:BLMT) last announced its earnings results on Thursday, July 19th. The bank reported $0.65 earnings per share (EPS) for the quarter. The company had revenue of $16.81 million during the quarter. BSB Bancorp had a net margin of 20.47% and a return on equity of 11.74%.

Separately, BidaskClub cut shares of BSB Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, June 7th.

Several institutional investors have recently made changes to their positions in BLMT. Dimensional Fund Advisors LP boosted its position in shares of BSB Bancorp by 23.1% in the first quarter. Dimensional Fund Advisors LP now owns 106,257 shares of the bank’s stock valued at $3,251,000 after acquiring an additional 19,915 shares during the period. MetLife Investment Advisors LLC boosted its position in shares of BSB Bancorp by 100.0% in the first quarter. MetLife Investment Advisors LLC now owns 8,590 shares of the bank’s stock valued at $263,000 after acquiring an additional 4,295 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of BSB Bancorp by 1.5% in the first quarter. The Manufacturers Life Insurance Company now owns 470,055 shares of the bank’s stock valued at $14,383,000 after acquiring an additional 6,813 shares during the period. First Trust Advisors LP boosted its position in shares of BSB Bancorp by 18.4% in the second quarter. First Trust Advisors LP now owns 9,716 shares of the bank’s stock valued at $334,000 after acquiring an additional 1,510 shares during the period. Finally, Catalyst Capital Advisors LLC boosted its position in shares of BSB Bancorp by 826.9% in the second quarter. Catalyst Capital Advisors LLC now owns 24,100 shares of the bank’s stock valued at $829,000 after acquiring an additional 21,500 shares during the period. 49.54% of the stock is owned by institutional investors.

BSB Bancorp Company Profile

BSB Bancorp, Inc operates as the holding company for Belmont Savings Bank that provides commercial and retail banking services to small businesses, municipalities, nonprofit organizations, and other customers in the United States. Its deposit products include relationship checking accounts for consumers and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, interest on lawyer trust accounts, and individual retirement accounts, as well as commercial, municipal, and regular checking accounts.

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Insider Buying and Selling by Quarter for BSB Bancorp (NASDAQ:BLMT)

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