Today, the President & CEO of Severn Bancorp Inc (SVBI), Alan Hyatt, bought shares of SVBI for $132.8K.
Following Alan Hyatt’s last SVBI Buy transaction on April 18, 2016, the stock climbed by 2.7%. Following this transaction Alan Hyatt’s holding in the company was increased by 1.51% to a total of $14.11 million.
See today’s analyst top recommended stocks >>
Based on Severn Bancorp Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $11.19 million and quarterly net profit of $1.92 million. In comparison, last year the company earned revenue of $9.64 million and had a net profit of $1.26 million. SVBI’s market cap is $106.9M and the company has a P/E ratio of 23.39. Currently, Severn Bancorp Inc has an average volume of 2,703.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Severn Bancorp, Inc. is a holding company, which engages in the provision of financial services through its subsidiaries, Severn Savings Bank, FSB, Mid-Maryland Title Company, Inc., SBI Mortgage Company, and Louis Hyatt, Inc. Its subsidiaries offer personal banking, commercial banking, mortgage lending, and commercial real estate.
