LINKBANCORP, Inc. (NASDAQ:LNKB) Director Sells $65,100.00 in Stock

LINKBANCORP, Inc. (NASDAQ:LNKB – Get Free Report) Director Mona D. Albertine sold 10,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $6.51, for a total transaction of $65,100.00. Following the completion of the sale, the director now directly owns 45,294 shares of [...]

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LINKBANCORP, Inc. ( NASDAQ:LNKB – Get Free Report ) Director Mona D. Albertine sold 10,000 shares of the business’s stock in a transaction dated Monday, August 26th.

The shares were sold at an average price of $6.51, for a total transaction of $65,100.00.



Following the completion of the sale, the director now directly owns 45,294 shares of the company’s stock, valued at approximately $294,863.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website .

LINKBANCORP Price Performance Shares of NASDAQ:LNKB opened at $6.36 on Friday. LINKBANCORP, Inc.

has a 1 year low of $5.86 and a 1 year high of $8.29.

The company has a debt-to-equity ratio of 0.38, a current ratio of 1.01 and a quick ratio of 1.

01. The business’s 50-day moving average is $6.57 and its 200-day moving average is $6.

62. The company has a market capitalization of $237.58 million, a price-to-earnings ratio of -24.

46 and a beta of 0.51. LINKBANCORP ( NASDAQ:LNKB – Get Free Report ) last issued its quarterly earnings results on Monday, July 29th.

The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.

01). The business had revenue of $26.34 million during the quarter, compared to analyst estimates of $27.

17 million. LINKBANCORP had a negative net margin of 0.34% and a positive return on equity of 7.

06%. Equities research analysts predict that LINKBANCORP, Inc. will post 0.

75 earnings per share for the current year. LINKBANCORP Dividend Announcement Wall Street Analysts Forecast Growth Separately, Stephens reiterated an “equal weight” rating and issued a $7.50 price objective on shares of LINKBANCORP in a research note on Monday, May 13th.

View Our Latest Research Report on LNKB Institutional Investors Weigh In On LINKBANCORP A number of large investors have recently bought and sold shares of the stock. Heritage Wealth Advisors bought a new stake in LINKBANCORP in the fourth quarter valued at $39,000. The Manufacturers Life Insurance Company acquired a new stake in shares of LINKBANCORP in the 2nd quarter valued at about $65,000.

Truist Financial Corp bought a new stake in LINKBANCORP in the 2nd quarter valued at about $73,000. Leo Wealth LLC acquired a new position in LINKBANCORP during the 4th quarter worth approximately $92,000. Finally, Rhumbline Advisers bought a new position in LINKBANCORP in the second quarter worth approximately $137,000.

37.52% of the stock is currently owned by institutional investors and hedge funds. LINKBANCORP Company Profile ( Get Free Report ) LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania.

Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits. Read More Receive News & Ratings for LINKBANCORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LINKBANCORP and related companies with MarketBeat.com's FREE daily email newsletter .

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