Insider Selling: Bancorp of New Jersey Inc (BKJ) Director Sells $58,641.00 in Stock

Bancorp of New Jersey Inc (NYSEAMERICAN:BKJ) Director Jay Blau sold 3,300 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $17.77, for a total transaction of $58,641.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Jay Blau also recently made the following trade(s):

  • On Monday, December 11th, Jay Blau sold 159 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $17.90, for a total transaction of $2,846.10.
  • On Thursday, November 30th, Jay Blau sold 1,500 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $18.34, for a total transaction of $27,510.00.
  • On Monday, November 27th, Jay Blau sold 500 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $16.85, for a total transaction of $8,425.00.
  • On Tuesday, November 21st, Jay Blau sold 1,500 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $16.55, for a total transaction of $24,825.00.

Shares of Bancorp of New Jersey Inc (NYSEAMERICAN:BKJ) traded up $0.10 during midday trading on Monday, reaching $18.25. 9,200 shares of the company were exchanged, compared to its average volume of 6,366. Bancorp of New Jersey Inc has a 1 year low of $12.70 and a 1 year high of $18.55.

Bancorp of New Jersey (NYSEAMERICAN:BKJ) last announced its earnings results on Thursday, November 9th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter. Bancorp of New Jersey had a net margin of 21.20% and a return on equity of 6.60%. The firm had revenue of $6.36 million for the quarter.

The company also recently announced a special dividend, which will be paid on Wednesday, December 27th. Investors of record on Tuesday, December 19th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, December 18th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sei Investments Co. purchased a new position in Bancorp of New Jersey during the second quarter worth approximately $2,065,000. Bank of New York Mellon Corp raised its stake in Bancorp of New Jersey by 28.9% during the second quarter. Bank of New York Mellon Corp now owns 19,427 shares of the financial services provider’s stock worth $325,000 after purchasing an additional 4,355 shares during the period. Vanguard Group Inc. raised its stake in Bancorp of New Jersey by 2.1% during the second quarter. Vanguard Group Inc. now owns 49,690 shares of the financial services provider’s stock worth $829,000 after purchasing an additional 1,036 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Bancorp of New Jersey by 42.9% during the third quarter. Dimensional Fund Advisors LP now owns 14,543 shares of the financial services provider’s stock worth $264,000 after purchasing an additional 4,368 shares during the period.

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About Bancorp of New Jersey

Bancorp of New Jersey, Inc is a bank holding company for Bank of New Jersey (the Bank). The Company’s primary business is ownership and supervision of the Bank. The Company, through the Bank, conducts a traditional commercial banking business, accepting deposits from the general public, including individuals, businesses, non-profit organizations and governmental units.

Insider Buying and Selling by Quarter for Bancorp of New Jersey (NYSEAMERICAN:BKJ)

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