Eagle Bancorp, Inc. (NASDAQ:EGBN) CEO Ronald D. Paul sold 5,000 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $62.39, for a total transaction of $311,950.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Eagle Bancorp, Inc. (NASDAQ:EGBN) opened at 61.45 on Thursday. The stock’s 50 day moving average is $62.27 and its 200 day moving average is $60.85. Eagle Bancorp, Inc. has a 1-year low of $47.20 and a 1-year high of $65.00. The company has a market cap of $2.10 billion, a P/E ratio of 20.02 and a beta of 0.72.

Eagle Bancorp (NASDAQ:EGBN) last posted its earnings results on Wednesday, July 19th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.04. Eagle Bancorp had a return on equity of 12.17% and a net margin of 31.79%. The company had revenue of $76.72 million for the quarter, compared to analyst estimates of $75.41 million. During the same quarter in the previous year, the firm earned $0.71 earnings per share. Equities analysts anticipate that Eagle Bancorp, Inc. will post $3.27 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently bought and sold shares of EGBN. Prudential Financial Inc. grew its stake in shares of Eagle Bancorp by 0.3% during the first quarter. Prudential Financial Inc. now owns 3,408 shares of the financial services provider’s stock worth $203,000 after acquiring an additional 10 shares during the last quarter. Alps Advisors Inc. grew its stake in shares of Eagle Bancorp by 0.3% during the second quarter. Alps Advisors Inc. now owns 7,889 shares of the financial services provider’s stock worth $499,000 after acquiring an additional 21 shares during the last quarter. First National Bank of Hutchinson grew its stake in shares of Eagle Bancorp by 0.3% during the second quarter. First National Bank of Hutchinson now owns 10,224 shares of the financial services provider’s stock worth $649,000 after acquiring an additional 32 shares during the last quarter. Trillium Asset Management LLC grew its stake in shares of Eagle Bancorp by 0.3% during the second quarter. Trillium Asset Management LLC now owns 18,185 shares of the financial services provider’s stock worth $1,151,000 after acquiring an additional 48 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. grew its stake in shares of Eagle Bancorp by 1.5% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 6,751 shares of the financial services provider’s stock worth $427,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 68.17% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Eagle Bancorp from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a research note on Tuesday, July 25th. BidaskClub raised shares of Eagle Bancorp from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $66.75.

About Eagle Bancorp

Eagle Bancorp, Inc is a bank holding company for EagleBank (the Bank). The Bank is the Company’s principal operating subsidiary. The Bank is a chartered commercial bank. As of December 31, 2016, the Bank operated 21 banking offices: seven in Montgomery County, Maryland; five located in the District of Columbia, and nine in Northern Virginia.

Insider Buying and Selling by Quarter for Eagle Bancorp (NASDAQ:EGBN)

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