Today, the EVP of Norwood Financial (NWFL), Robert Mancuso, bought shares of NWFL for $37K.
This recent transaction increases Robert Mancuso’s holding in the company by 11.01% to a total of $381.5K. Following Robert Mancuso’s last NWFL Buy transaction on May 16, 2018, the stock climbed by 7.5%.
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Based on Norwood Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $12.78 million and quarterly net profit of $3.71 million. In comparison, last year the company earned revenue of $11.75 million and had a net profit of $2.94 million. NWFL’s market cap is $237.1M and the company has a P/E ratio of 22.53. Currently, Norwood Financial has an average volume of 7,493.
In the last 30 days, insiders have sold $157.3K worth of NWFL shares and purchased $189.7K worth of NWFL shares. The insider sentiment on Norwood Financial has been neutral according to 36 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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Norwood Financial Corp. is a bank holding company. The company through its subsidiary Wayne Bank, offers a variety of personal and business credit services, trust, investment products and real estate settlement services to the consumers, businesses, non-profit organizations, and municipalities in each of the communities that the bank serves.
