Today it was reported that the EVP & COO of Bsb Bancorp Inc (BLMT), Hal Tovin, exercised options to buy 8,305 BLMT shares at $12.04 a share, for a total transaction value of $99.99K.
Following Hal Tovin’s last BLMT Buy transaction on March 12, 2015, the stock climbed by 16.2%. Following this transaction Hal Tovin’s holding in the company was increased by 5.55% to a total of $5.56 million.
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Based on Bsb Bancorp Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $27.33 million and quarterly net profit of $4.6 million. In comparison, last year the company earned revenue of $22.23 million and had a net profit of $2.1 million. BLMT’s market cap is $344.2M and the company has a P/E ratio of 14.43. Currently, Bsb Bancorp Inc has an average volume of 70.02K.
The insider sentiment on Bsb Bancorp Inc has been positive according to 34 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Hal Tovin’s trades have generated a 20.0% 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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BSB Bancorp, Inc. operates as a bank holding company, which engages in the provision of banking products and services. Its services includes, personal banking, business banking, and loans to individuals, families, municipalities, and businesses . The company was founded on June 2, 2011 and is headquartered in Belmont, MA.
