Insider Trading Review: Cortland Bancorp $CLDB

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Cortland Bancorp (CLDB) insider have most recently took part in a trading activity. On Dec 19, 2017 Carney Timothy, EVP, COO & SEC’Y. bought 2,173 shares having total worth of $44,003 at the price of $20.25 per share, following the transaction a total of 33,264 shares owned by Carney Timothy.

The stock has experienced a total of 22 insider trades in the past three months. These trades include 1 sell activities and 21 buy trades. Furthermore, over the past 12 months , the stock was traded 84 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 83 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 21 1 9.33%
12 Month 83 1 38.98%

Shares of Cortland Bancorp (CLDB) traded down 2.38% on Dec 21, 2017, hitting $20.5. 4,955 shares of the company’s stock traded hands. Cortland Bancorp has a 52 week low of $14.26 and a 52 week high of $21. The company’s market cap is $0 million.

Cortland Bancorp Inc. was incorporated under the laws of the State of Ohio in 1984. It is a bank holding company. The main activity of the Company is to own, manage and supervise the Cortland Savings and Banking Company. It is holding Company for Cortland Savings and Banking Company. The Company’s business Services offer free business checking, business debit cards, free online banking and business loans. Banks offers FREE Internet banking to its customers, along with automated teller services, time deposit accounts and safe deposit boxes. The Bank is subject to periodic examination and regulation by both the Federal Reserve Bank of Cleveland and the State of Ohio Division of Financial Institutions. These examinations, which include such areas as capital, liquidity, asset quality, management practices and other aspects of the Bank’s operations, are mainly for the protection of the Bank’s depositors. In addition to these regular examinations, the Bank must furnish periodic reports to regulatory authorities containing a full and accurate statement of its affairs. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Company is subject to supervision and regulation by 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.