Salisbury Bancorp, Inc. (SAL) Director Holly J. Nelson Sells 900 Shares
Salisbury Bancorp, Inc. (NASDAQ:SAL) Director Holly J. Nelson sold 900 shares of the stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $49.18, for a total value of $44,262.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Salisbury Bancorp, Inc. (SAL) opened at $47.38 on Friday. The company has a market capitalization of $132.33, a price-to-earnings ratio of 17.53 and a beta of 0.61. Salisbury Bancorp, Inc. has a 12-month low of $37.55 and a 12-month high of $51.80. 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 (NASDAQ:SAL) last announced its earnings results on Friday, January 26th. The bank reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.21. Salisbury Bancorp had a return on equity of 7.82% and a net margin of 14.13%. The firm had revenue of $10.21 million during the quarter, compared to analyst estimates of $10.20 million. equities analysts anticipate that Salisbury Bancorp, Inc. will post 3.08 earnings per share for the current fiscal year.
Several institutional investors have recently made changes to their positions in SAL. ZPR Investment Management purchased a new stake in shares of Salisbury Bancorp during the 2nd quarter valued at $203,000. Shufro Rose & Co. LLC purchased a new stake in shares of Salisbury Bancorp during the 3rd quarter valued at $209,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Salisbury Bancorp by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 25,711 shares of the bank’s stock valued at $1,066,000 after purchasing an additional 490 shares during the last quarter. 9.83% of the stock is owned by hedge funds and other institutional investors.
SAL has been the subject of a number of analyst reports. Zacks Investment Research lowered Salisbury Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, November 3rd. ValuEngine lowered Salisbury Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, December 15th.
About Salisbury Bancorp
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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