Insider Trading Review: Enterprise Bancorp Inc $EBTC

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Enterprise Bancorp Inc (EBTC) insiders have most recently took part in a trading activity. On Dec 1, 2017 Pedroso Luis M, Director bought 42 shares having total worth of $1,593 at the price of $37.92 per share, following the transaction a total of 15,728 shares owned by Pedroso Luis M. Before this latest buy, Pedroso Luis M purchased EBTC at 5 other times during the past twelve months, for a total investment of $36,368 at an average of $29.98 per share.

On the same day, Putziger Michael T, Director bought 128 shares having total worth of $4,854 at the price of $37.92 per share, following the transaction a total of 166,115 shares owned by Putziger Michael T. Before this latest buy, Putziger Michael T purchased EBTC at 5 other times during the past twelve months, for a total investment of $53,306 at an average of $29.96 per share.

The stock has experienced a total of 5 insider trades in the past three months. These trades include 5 sell activities .Furthermore, over the past 12 months , the stock was traded 35 times by insiders. In 14 of these trades, the insider was a seller while an employee of the company was the buyer in 21 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 5 4.49%
12 Month 21 14 51.57%

Enterprise Bancorp Inc (EBTC) last announced its earnings results on Oct 19, 2017. The company reported 0.47 earnings per share (EPS) for the quarter. The company had revenue of $29 million for the quarter During the same quarter in the previous year, the company posted 0.41 earnings per share. The company’s revenue for the quarter was up 11% on a year-over-year basis.

2017-10-19 2017-07-20 2017-04-20 2017-01-26 2016-10-20 2016-07-21 2016-01-28 2015-10-27 2015-07-23 2015-04-23
earnings per share 0.47 0.48 0.48 0.43 0.41 0.45 0.45 0.41 0.34 0.35
Revenue(M) 28.58 27.47 26.98 26.31 25.77 24.87 24.78 23.14 22.86 22.48

Enterprise Bancorp, Inc., is incorporated in Massachusetts in 1996. It operates as the parent holding company of Enterprise Bank and Trust Company (the Bank). The Company’s operations are conducted through the Bank. Through the bank and its subsidiaries, the company offers commercial and consumer loan products, deposit and cash management products, investment advisory and management, trust and insurance services. It specializes in lending to business entities, non-profit organizations, professionals and individuals. Its main lending focus is on the development of high quality commercial relationships achieved through active business development efforts, strong community involvement and focused marketing strategies. Loans made by the company to businesses include commercial mortgage loans, construction and land development loans, secured and unsecured commercial loans and lines of credit, and standby letters of credit. The company also originates equipment lease financing for businesses. Loans made to individuals include conventional residential mortgage loans, home equity loans, residential construction loans on primary residences, secured and unsecured personal loans and lines of credit. The Company’s investment activity is an integral part of the overall asset-liability management program of the company. The investment function provides readily available funds to support loan growth as well as to meet withdrawals and maturities of deposits and attempts to provide maximum return consistent with liquidity constraints and general prudence, including diversification and safety of investments. It offers commercial checking, business and municipal savings accounts, money market and business sweep accounts, and escrow management accounts, as well as checking and Simplified Employee Pension (SEP) accounts to employees of its business customers. The Company provides investment advisory and management services to individuals, family groups, businesses, trusts, foundations, non-profit organizations, endowments and retirement plans under the label “Enterprise Investment Advisors.” Investment services are delivered via two channels, brokerage services and investment management. Brokerage services are offered through a third party arrangement with Commonwealth Financial Network, a licensed securities brokerage firm, with products designed mainly for the individual investor. Investment management includes customized management and trust services offered to high net worth individuals, institutions and businesses. The business and operations of the Company are subject to the supervision and examination of the Board of Governors of the Federal Reserve System.

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.