The EVP and Treasurer of Bridge Bancorp (BDGE) is Buying Shares


Today, the EVP and Treasurer of Bridge Bancorp (NASDAQ: BDGE), John Martin McCaffery, bought shares of BDGE for $34.45K.

In addition to John Martin McCaffery, 11 other BDGE executives reported Buy trades in the last month. Following this transaction John Martin McCaffery’s holding in the company was increased by 3.62% to a total of $993.9K.

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BDGE’s market cap is $687.6M and the company has a P/E ratio of 32.18. Currently, Bridge Bancorp has an average volume of 21.35K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $39.67, reflecting a 14.0% upside.

In the last 30 days, insiders have sold $858.3K worth of BDGE shares and purchased $870.4K worth of BDGE shares. The insider sentiment on Bridge Bancorp has been negative according to 49 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Bridge Bancorp, Inc. is a bank holding company for its subsidiary, the Bridgehampton National Bank. Through the bank, the company offers a range of financial and banking solutions.

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