SI Financial Group, Inc. (NASDAQ:SIFI) insider Rheo A. Brouillard sold 3,600 shares of the firm’s stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $15.31, for a total value of $55,116.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of SI Financial Group, Inc. (SIFI) traded down 0.65% during mid-day trading on Tuesday, reaching $15.25. The company’s stock had a trading volume of 15,849 shares. SI Financial Group, Inc. has a 1-year low of $12.30 and a 1-year high of $16.45. The company has a market capitalization of $180.67 million, a price-to-earnings ratio of 14.54 and a beta of 0.35. The company’s 50 day moving average price is $14.74 and its 200-day moving average price is $15.02.
SI Financial Group (NASDAQ:SIFI) last issued its earnings results on Wednesday, July 26th. The savings and loans company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $14.32 million during the quarter. SI Financial Group had a return on equity of 7.64% and a net margin of 17.81%. Analysts predict that SI Financial Group, Inc. will post $0.23 earnings per share for the current fiscal year.
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Several hedge funds have recently modified their holdings of SIFI. Acadian Asset Management LLC raised its stake in shares of SI Financial Group by 5.6% during the 2nd quarter. Acadian Asset Management LLC now owns 48,071 shares of the savings and loans company’s stock worth $775,000 after buying an additional 2,548 shares in the last quarter. Spark Investment Management LLC purchased a new position in shares of SI Financial Group during the 2nd quarter worth approximately $169,000. Rhumbline Advisers purchased a new position in shares of SI Financial Group during the 2nd quarter worth approximately $199,000. Bank of New York Mellon Corp raised its stake in shares of SI Financial Group by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 44,331 shares of the savings and loans company’s stock worth $714,000 after buying an additional 473 shares in the last quarter. Finally, FNY Partners Fund LP purchased a new position in shares of SI Financial Group during the 2nd quarter worth approximately $157,000. 59.44% of the stock is owned by institutional investors and hedge funds.
SI Financial Group Company Profile
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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