Sterling Bancorp, Inc. (NASDAQ:SBT) major shareholder J. Seligman 1993 Long Te Scott sold 363,576 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $12.00, for a total transaction of $4,362,912.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Sterling Bancorp, Inc. (NASDAQ SBT) traded down $0.26 during trading hours on Wednesday, hitting $12.46. 179,300 shares of the stock traded hands, compared to its average volume of 188,745. Sterling Bancorp, Inc. has a 12-month low of $12.00 and a 12-month high of $13.01.

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Sterling Bancorp Company Profile

Sterling Bancorp, Inc is a holding company. The Company, through its subsidiary, Sterling Bank and Trust, F.S.B. (the Bank), offers a range of loan products to the residential and commercial markets, as well as retail banking services. As of October 19, 2017, it operated through 26 branches, including 20 in the San Francisco area, four in greater Los Angeles, one in New York City and one branch in Michigan.

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