GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Top Insider Buys Highlight: Northeast Bancorp

August 19, 2014 | About:
GuruFocus

alicet236

6 followers

President & CEO of Northeast Bancorp (NBN) Richard Wayne bought 12,618 shares on 08/18/2014 at an average price of $9.55. Total transaction amount is $120,502

Northeast Bancorp, formerly known as Bethel Bancorp, a Maine corporation chartered in April 1987, is a bank holding company registered with the Board of Governors of the Federal Reserve System ("Federal Reserve") under the Bank Holding Company Act of 1956, as amended. Northeast Bancorp has a market cap of $100,000 million; its shares were traded at around $9.59 with a P/E ratio of 37.80 and P/S ratio of 2.50. The dividend yield of Northeast Bancorp stocks is 2.10%. Articles on GuruFocus.COM

Before going to this company, Wayne co-founded Capital Crossing Bank, and he served as its president and co-CEO from 1991 to 2007.

Northeast Bancorp reported its fourth-quarter results. The company announced net income available to common shareholders of $542 thousand or $0.05 per diluted share.

1408460707181.png

GuruFocus Guru Michael Price (Trades, Portfolio) increased his position in Northeast Bancorp. He owns 336,861 shares.

Wayne bought 25,000 shares of NBN stock in August. Director John C Orestis bought 5,700 shares of NBN stock on 04/29/2014 at the average price of 9.57.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK