Insider Buying: Century Bancorp Inc. (CNBKA) Major Shareholder Purchases 300 Shares of Stock
Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 300 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were acquired at an average price of $45.25 per share, with a total value of $13,575.00. Following the transaction, the insider now directly owns 531,713 shares in the company, valued at approximately $24,060,013.25. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Century Bancorp Inc. (NASDAQ:CNBKA) opened at 45.33 on Tuesday. Century Bancorp Inc. has a 12 month low of $38.26 and a 12 month high of $45.62. The firm’s 50 day moving average is $44.59 and its 200 day moving average is $42.58. The company has a market cap of $252.35 million, a PE ratio of 10.67 and a beta of 0.62.
Century Bancorp (NASDAQ:CNBKA) last announced its earnings results on Tuesday, July 12th. The company reported $1.12 EPS for the quarter. Century Bancorp had a net margin of 21.57% and a return on equity of 10.84%. On average, equities analysts predict that Century Bancorp Inc. will post $2.31 earnings per share for the current year.
Century Bancorp Company Profile
Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.
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