Blue Foundry Bancorp (NASDAQ:BLFY – Get a rating) Manager Patrick H. Kinzler bought 2,000 shares in a trade that took place on Friday, July 29. The shares were acquired at an average cost of $11.75 per share, for a total transaction of $23,500.00. Following the completion of the acquisition, the administrator now owns 26,376 shares of the company, valued at approximately $309,918. The purchase was disclosed in a document filed with the Securities & Exchange Commission, accessible via this link.
Blue Foundry Bancorp price performance
NASDAQ BLFY traded down $0.06 during Monday trading hours, hitting $11.79. The company’s shares had a trading volume of 3,072 shares, compared to an average volume of 66,307. The company has a market capitalization of $336.27 million and a price-earnings ratio of -8.34. Blue Foundry Bancorp has a 1-year low of $11.08 and a 1-year high of $15.47. The company’s 50-day moving average price is $11.93 and its 200-day moving average price is $12.96. The company has a quick ratio of 1.12, a current ratio of 1.12 and a leverage ratio of 0.44.
Blue Foundry Bancorp Institutional Negotiation
Hedge funds have recently changed their holdings in the company. Panagora Asset Management Inc. increased its position in shares of Blue Foundry Bancorp by 45.7% during the 4th quarter. Panagora Asset Management Inc. now owns 155,467 shares of the company valued at $2,274,000 after purchasing an additional 48,776 shares in the last quarter. TD Asset Management Inc. increased its position in shares of Blue Foundry Bancorp by 174.7% during the fourth quarter. TD Asset Management Inc. now owns 54,650 shares of the company valued at $800,000 after purchasing an additional 34,755 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Blue Foundry Bancorp during Q4, valued at approximately $175,000. SlateStone Wealth LLC bought a new position in shares of Blue Foundry Bancorp during Q4, valued at approximately $337,000. Finally, GW&K Investment Management LLC bought a new position in Blue Foundry Bancorp in Q4 worth $4,543,000. 38.96% of the shares are held by hedge funds and other institutional investors.
About Blue Foundry Bancorp
A d Investment trends
What the White House is NOT telling you about the “Green Revolution”.
Governments around the world want to go “all electric” by 2035. There is a rare metal that could cripple those plans. Without it, going green is impossible. And that is why there is a modern gold rush for this rare metal.
Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various retail and corporate banking products and services. The company offers deposits; and loans, such as one to four family residential properties, home equity, commercial, multi-family, construction, commercial and industrial real estate, and other consumer loans, as well as margins of home equity loan.
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected].
Should you invest $1,000 in Blue Foundry Bancorp right now?
Before you consider Blue Foundry Bancorp, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market ripples…and Blue Foundry Bancorp didn’t make the list.
While Blue Foundry Bancorp currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here