Bancorp of New Jersey Inc (NYSEMKT:BKJ) Director Jay Blau sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $17.55, for a total value of $10,530.00. Following the completion of the transaction, the director now owns 35,729 shares in the company, valued at approximately $627,043.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Jay Blau also recently made the following trade(s):
- On Saturday, September 9th, Jay Blau sold 1,000 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $17.50, for a total value of $17,500.00.
- On Friday, September 8th, Jay Blau sold 100 shares of Bancorp of New Jersey stock. The shares were sold at an average price of $17.25, for a total value of $1,725.00.
Shares of Bancorp of New Jersey Inc (NYSEMKT BKJ) traded down 1.13% during mid-day trading on Friday, reaching $17.50. The company had a trading volume of 3,979 shares. The company has a 50 day moving average price of $17.60 and a 200 day moving average price of $16.44. Bancorp of New Jersey Inc has a one year low of $10.50 and a one year high of $18.30. The company has a market capitalization of $117.37 million, a price-to-earnings ratio of 28.88 and a beta of -0.01.
Separately, ValuEngine upgraded Bancorp of New Jersey from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
A number of hedge funds have recently added to or reduced their stakes in BKJ. Bank of New York Mellon Corp lifted its position in Bancorp of New Jersey by 28.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 19,427 shares of the financial services provider’s stock valued at $325,000 after acquiring an additional 4,355 shares in the last quarter. Vanguard Group Inc. lifted its position in Bancorp of New Jersey by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 49,690 shares of the financial services provider’s stock valued at $829,000 after acquiring an additional 1,036 shares in the last quarter. Finally, Sei Investments Co. bought a new position in Bancorp of New Jersey in the 2nd quarter valued at approximately $2,065,000.
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.
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