A Director at Select Bancorp Inc (SLCT) is Buying Shares


Today, a Director at Select Bancorp Inc (SLCT), Carlie C. Mclamb, bought shares of SLCT for $2,690.

Following Carlie C. Mclamb’s last SLCT Buy transaction on March 06, 2015, the stock climbed by 4.4%. In addition to Carlie C. Mclamb, one other SLCT executive reported Buy trades in the last month.

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Based on Select Bancorp Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $15.79 million and quarterly net profit of $4.45 million. In comparison, last year the company earned revenue of $11.77 million and had a GAAP net loss of $2.05 million. SLCT’s market cap is $220.7M and the company has a P/E ratio of 13.34. Currently, Select Bancorp Inc has an average volume of 3,915.

In the last 30 days, insiders have sold $166.5K worth of SLCT shares and purchased $2,690 worth of SLCT shares.

Carlie C. Mclamb’s trades have generated a 33.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Select Bancorp, Inc. is a bank holding company, which engages in the provision of general commercial and retail financial services. It offers checking and savings accounts; commercial, consumer, mortgage, and personal loans; and other associated financial services. The company was founded on May 14, 2003 and is headquartered in Dunn, NC.

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