Michael D. Gordon Sells 1,535 Shares of Salisbury Bancorp, Inc. (SAL) Stock
Salisbury Bancorp, Inc. (NASDAQ:SAL) Director Michael D. Gordon sold 1,535 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $45.50, for a total value of $69,842.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Michael D. Gordon also recently made the following trade(s):
- On Friday, November 24th, Michael D. Gordon sold 892 shares of Salisbury Bancorp stock. The shares were sold at an average price of $45.25, for a total value of $40,363.00.
Salisbury Bancorp, Inc. (SAL) opened at $45.35 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.99 and a quick ratio of 0.99. Salisbury Bancorp, Inc. has a 12-month low of $37.30 and a 12-month high of $50.00. The stock has a market capitalization of $126.34, a price-to-earnings ratio of 16.73 and a beta of 0.61.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Friday, February 9th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Thursday, February 8th. Salisbury Bancorp’s payout ratio is 50.22%.
Several equities analysts recently issued reports on the company. Zacks Investment Research raised Salisbury Bancorp from a “sell” rating to a “buy” rating and set a $50.00 target price on the stock in a research report on Tuesday, January 2nd. ValuEngine downgraded Salisbury Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, December 15th.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in SAL. Shufro Rose & Co. LLC acquired a new stake in Salisbury Bancorp during the 3rd quarter worth about $209,000. ZPR Investment Management acquired a new stake in Salisbury Bancorp during the 2nd quarter worth about $203,000. Finally, Dimensional Fund Advisors LP grew its position in Salisbury Bancorp by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 25,711 shares of the bank’s stock worth $1,066,000 after purchasing an additional 490 shares during the period. 9.83% of the stock is currently owned by hedge funds and other institutional investors.
Salisbury Bancorp Company Profile
Salisbury Bancorp, Inc is a bank holding company for Salisbury Bank and Trust Company (the Bank). The Bank is a Connecticut-chartered and Federal Deposit Insurance Corporation (the FDIC) insured commercial bank. The Bank provides commercial banking, consumer financing, retail banking and trust and wealth advisory services through a network of over 10 banking offices and approximately nine automated teller machines (ATMs).
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