The Bancorp Inc. (NASDAQ:TBBK) Director Michael J. Bradley bought 10,000 shares of the stock in a transaction on Monday, November 14th. The shares were bought at an average price of $7.02 per share, for a total transaction of $70,200.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Michael J. Bradley also recently made the following trade(s):

  • On Wednesday, August 17th, Michael J. Bradley bought 10,000 shares of The Bancorp stock. The shares were bought at an average price of $5.05 per share, for a total transaction of $50,500.00.

Shares of The Bancorp Inc. (NASDAQ:TBBK) opened at 7.07 on Thursday. The Bancorp Inc. has a one year low of $3.88 and a one year high of $7.98. The firm has a 50 day moving average of $6.73 and a 200 day moving average of $6.14. The stock’s market cap is $391.11 billion.

Insider Buying and Selling by Quarter for The Bancorp (NASDAQ:TBBK)

Several research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of The Bancorp from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 12th. TheStreet lowered shares of The Bancorp from a “hold” rating to a “sell” rating in a research report on Monday, August 29th. Raymond James Financial Inc. upgraded shares of The Bancorp from a “market perform” rating to a “strong-buy” rating and set a $6.50 target price on the stock in a research report on Tuesday, August 9th. Finally, BTIG Research restated a “buy” rating and set a $10.00 target price on shares of The Bancorp in a research report on Monday, July 25th.

Several large investors have recently added to or reduced their stakes in TBBK. Aristotle Capital Boston LLC increased its stake in shares of The Bancorp by 11.5% in the first quarter. Aristotle Capital Boston LLC now owns 355,708 shares of the company’s stock valued at $2,035,000 after buying an additional 36,747 shares during the period. Eagle Boston Investment Management Inc. raised its stake in The Bancorp by 2.7% in the second quarter. Eagle Boston Investment Management Inc. now owns 500,493 shares of the company’s stock worth $3,012,000 after buying an additional 13,151 shares during the last quarter. Sippican Capital Advisors raised its stake in The Bancorp by 24.8% in the second quarter. Sippican Capital Advisors now owns 296,205 shares of the company’s stock worth $1,783,000 after buying an additional 58,910 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of The Bancorp by 0.8% in the second quarter. Bank of New York Mellon Corp now owns 255,602 shares of the company’s stock valued at $1,539,000 after buying an additional 2,138 shares during the last quarter. Finally, California State Teachers Retirement System increased its position in shares of The Bancorp by 2.9% in the second quarter. California State Teachers Retirement System now owns 73,502 shares of the company’s stock valued at $442,000 after buying an additional 2,053 shares during the last quarter. Hedge funds and other institutional investors own 79.81% of the company’s stock.

About The Bancorp

The Bancorp, Inc is a financial holding company, which operates through its subsidiary, The Bancorp Bank (the Bank). The Bank is a chartered commercial bank located in Wilmington, Delaware and is a Federal Deposit Insurance Corporation (FDIC) insured institution. The Company operates through three segments: specialty finance, payments and corporate.

5 Day Chart for NASDAQ:TBBK

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