Bogota Financial Corp. (NASDAQ:BSBK – Get Free Report) Director John J. Masterson bought 1,500 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were acquired at an average price of $8.10 per share, for a total transaction of $12,150.00. Following the completion of the purchase, the director now owns 154,271 shares in the company, valued at $1,249,595.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Bogota Financial Trading Down 0.3 %
NASDAQ BSBK opened at $7.91 on Tuesday. The company has a fifty day moving average of $7.94 and a 200 day moving average of $7.63. The company has a market capitalization of $105.44 million, a PE ratio of 131.86 and a beta of 0.54. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.08 and a quick ratio of 1.08. Bogota Financial Corp. has a 1 year low of $6.66 and a 1 year high of $11.60.
Analysts Set New Price Targets
Separately, TheStreet downgraded shares of Bogota Financial from a “c” rating to a “d+” rating in a report on Tuesday, February 6th.
Hedge Funds Weigh In On Bogota Financial
Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in Bogota Financial by 50.6% during the third quarter. Vanguard Group Inc. now owns 385,307 shares of the company’s stock valued at $4,246,000 after acquiring an additional 129,522 shares in the last quarter. AlphaQ Advisors LLC acquired a new stake in shares of Bogota Financial during the 4th quarter worth approximately $132,000. Renaissance Technologies LLC increased its holdings in shares of Bogota Financial by 40.1% during the 4th quarter. Renaissance Technologies LLC now owns 41,200 shares of the company’s stock valued at $461,000 after purchasing an additional 11,786 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Bogota Financial by 19.7% in the 2nd quarter. Geode Capital Management LLC now owns 36,849 shares of the company’s stock valued at $301,000 after purchasing an additional 6,074 shares during the period. Finally, Morgan Stanley boosted its holdings in Bogota Financial by 46,177.8% during the fourth quarter. Morgan Stanley now owns 4,165 shares of the company’s stock worth $47,000 after buying an additional 4,156 shares in the last quarter. Institutional investors and hedge funds own 9.30% of the company’s stock.
Bogota Financial Company Profile
Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans, as well as consumer loans, such as home equity loans and lines of credit, commercial and industrial loans, and construction loans; and buys, sells, and holds investment securities.
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