Insider Trading Alert: Bar Harbor Bankshares, Inc. $BHB

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Bar Harbor Bankshares, Inc. (ARCA:BHB) insider have most recently took part in a trading activity. On Dec 1, 2017 Caras Matthew L, Director bought 10 shares having total worth of $285 at the price of $28.5 per share, following the transaction a total of 8,297 shares owned by Caras Matthew L. Before this latest buy, Caras Matthew L purchased BHB at 6 other times during the past twelve months, for a total investment of $2,093 at an average of $30.24 per share.

The stock has experienced a total of 8 insider trades in the past three months. These trades include 4 sell activities and 4 buy trades. Furthermore, over the past 12 months , the stock was traded 22 times by insiders. In 11 of these trades, the insider was a seller while an employee of the company was the buyer in 11 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 4 -0.84%
12 Month 11 11 23.41%

Shares of Bar Harbor Bankshares, Inc. (ARCA:BHB) traded down 6.03% on Nov 30, 2017, hitting $28.5. 86,757 shares of the company’s stock traded hands. Bar Harbor Bankshares, Inc. has a 52 week low of $22.99 and a 52 week high of $33.08. The company’s market cap is $223 million.

Bar Harbor Bankshares was incorporated under the laws of the state of Maine on January 19, 1984. It operates as a bank holding company. The Company has one, wholly-owned first tier operating subsidiary, Bar Harbor Bank & Trust (the ‘Bank’), a community bank, which offers deposit, loan, and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services (Trust Services), a Maine chartered non-depository trust company. These products and services are offered to individuals, businesses, not-for-profit organizations and municipalities. The Bank is a retail bank serving individual and business customers, retail establishments and restaurants, seasonal lodging, and a large contingent of retirees. As a coastal bank, it serves the tourism, hospitality, lobstering, fishing, boat building and marine services industries. The Bank emphasizes personal service to the community, with a concentration on retail banking. Customers are mainly individuals and small businesses to which the Bank offers various products and services. The Bank offers various consumer financial products and services designed to satisfy the deposit and borrowing needs of its retail customers. The Bank’s retail deposit products and services include checking accounts, interest bearing NOW accounts, money market accounts, savings accounts, club accounts, short-term and long-term certificates of deposit, Health Savings Accounts, and Individual Retirement Accounts. Credit products and services include home mortgages, residential construction loans, home equity loans and lines of credit, credit cards, installment loans, and overdraft protection services. The Bank provides secured and unsecured installment loans for new or used automobiles, boats, recreational vehicles, mobile homes and other personal needs. The Bank also offers other customary products and services such as safe deposit box rentals, wire transfers, check collection services, foreign currency exchange, money orders, and U.S. Savings Bonds redemptions. The Bank retains Infinex Investments, Inc., is a third-party broker-dealer, conducting business under the assumed business name ‘Bar Harbor Financial Services.’ The Bank continues to offer free Internet banking services, including free check images and electronic bill payment, through its website. The Bank serves the small business market throughout downeast and midcoast Maine. It offers business loans to individuals, partnerships, Corporations, and other business entities for capital construction, real estate and equipment financing, working capital, real estate development, and other business purposes. The Company competes principally in downeast, midcoast and central Maine, which can generally be characterized as rural areas. The business in which the Company and its subsidiaries are e

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.