Bar Harbor Bankshares (NYSE:BHB) Director Purchases $16,270.00 in Stock

Bar Harbor Bankshares (NYSE:BHB) Director David Colter acquired 500 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were purchased at an average price of $32.54 per share, for a total transaction of $16,270.00. Following the purchase, the director directly owned 12,687 shares of the company’s stock, valued at $412,834.98. This represents a 4.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Bar Harbor Bankshares Stock Down 2.1%

NYSE:BHB opened at $32.40 on Friday. Bar Harbor Bankshares has a 52 week low of $26.43 and a 52 week high of $36.05. The company has a market cap of $540.72 million, a PE ratio of 14.09 and a beta of 0.62. The business’s 50 day moving average is $33.29 and its two-hundred day moving average is $31.68.

Institutional Trading of Bar Harbor Bankshares

Several institutional investors have recently added to or reduced their stakes in BHB. Russell Investments Group Ltd. acquired a new stake in shares of Bar Harbor Bankshares during the 3rd quarter worth approximately $38,000. Clearstead Advisors LLC grew its position in Bar Harbor Bankshares by 192.6% in the 4th quarter. Clearstead Advisors LLC now owns 1,384 shares of the company’s stock worth $43,000 after purchasing an additional 911 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Bar Harbor Bankshares in the fourth quarter valued at approximately $48,000. CWM LLC increased its stake in shares of Bar Harbor Bankshares by 52.9% in the fourth quarter. CWM LLC now owns 1,778 shares of the company’s stock valued at $55,000 after purchasing an additional 615 shares during the period. Finally, Mascoma Wealth Management LLC raised its stake in Bar Harbor Bankshares by 677.9% during the 3rd quarter. Mascoma Wealth Management LLC now owns 2,427 shares of the company’s stock valued at $74,000 after acquiring an additional 2,115 shares in the last quarter. Institutional investors own 54.49% of the company’s stock.

About Bar Harbor Bankshares

Bar Harbor Bankshares, Inc is a bank holding company headquartered in Bar Harbor, Maine, operating through its wholly owned subsidiary, Bar Harbor Bank & Trust. The company offers a comprehensive suite of commercial and consumer banking services, including checking and savings accounts, certificates of deposit, and digital banking capabilities. It serves individuals, small businesses, and corporate clients across its footprint in Maine and New Hampshire, with a network of full-service branch offices and lending centers.

In addition to traditional deposit and loan products, Bar Harbor Bankshares provides specialized financial services such as mortgage lending, commercial real estate financing, equipment loans, and lines of credit tailored to the needs of local businesses.