Insider Selling: SI Financial Group, Inc. (SIFI) CEO Sells 2,532 Shares of Stock
SI Financial Group, Inc. (NASDAQ:SIFI) CEO Rheo A. Brouillard sold 2,532 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $14.13, for a total transaction of $35,777.16. Following the completion of the sale, the chief executive officer now owns 46,877 shares of the company’s stock, valued at approximately $662,372.01. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
SI Financial Group, Inc. (SIFI) traded down $0.20 during mid-day trading on Tuesday, reaching $13.90. 12,400 shares of the company traded hands, compared to its average volume of 10,456. SI Financial Group, Inc. has a 1 year low of $13.50 and a 1 year high of $16.45. The stock has a market cap of $172.08, a P/E ratio of 12.41 and a beta of 0.28. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.07 and a current ratio of 1.07.
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Investors of record on Monday, February 5th will be given a $0.06 dividend. This is an increase from SI Financial Group’s previous quarterly dividend of $0.05. The ex-dividend date is Friday, February 2nd. This represents a $0.24 annualized dividend and a yield of 1.73%. SI Financial Group’s dividend payout ratio is 21.43%.
About SI Financial Group
SI Financial Group, Inc is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services.
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