Meridian Bancorp, Inc. (NASDAQ:EBSB) Director Marilyn A. Censullo sold 11,929 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $19.95, for a total value of $237,983.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Meridian Bancorp, Inc. (EBSB) traded up $0.15 during mid-day trading on Wednesday, reaching $20.10. The company had a trading volume of 338,100 shares, compared to its average volume of 161,732. Meridian Bancorp, Inc. has a 12 month low of $15.85 and a 12 month high of $20.55. The stock has a market capitalization of $1,065.91, a price-to-earnings ratio of 22.70 and a beta of 0.28. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.23 and a quick ratio of 1.23.
A number of institutional investors and hedge funds have recently bought and sold shares of EBSB. Bain Capital Public Equity Management LLC bought a new position in Meridian Bancorp in the second quarter worth $4,056,000. Dimensional Fund Advisors LP raised its holdings in Meridian Bancorp by 7.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,303,904 shares of the savings and loans company’s stock worth $38,937,000 after purchasing an additional 164,391 shares in the last quarter. Vanguard Group Inc. raised its holdings in Meridian Bancorp by 7.2% in the first quarter. Vanguard Group Inc. now owns 2,096,411 shares of the savings and loans company’s stock worth $38,364,000 after purchasing an additional 141,534 shares in the last quarter. Marshall Wace North America L.P. bought a new position in Meridian Bancorp in the second quarter worth $2,234,000. Finally, Renaissance Technologies LLC increased its holdings in shares of Meridian Bancorp by 5.8% during the second quarter. Renaissance Technologies LLC now owns 1,683,758 shares of the savings and loans company’s stock valued at $28,456,000 after acquiring an additional 91,700 shares in the last quarter. Institutional investors and hedge funds own 66.09% of the company’s stock.
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Meridian Bancorp Company Profile
Meridian Bancorp Inc, formerly Meridian Interstate Bancorp, Inc, is a mid-tier stock holding company of East Boston Savings Bank (the Bank). The Bank is a state-chartered stock savings bank that operates from 24 full-service locations and two loan centers in the Boston metropolitan area. East Boston Savings Bank operates eight of its full-service locations and a loan center under the name Mt.
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