Bank of SC Co. (NASDAQ:BKSC) insider Fleetwood S. Hassell purchased 2,800 shares of the company’s stock in a transaction dated Wednesday, June 5th. The shares were bought at an average price of $17.50 per share, for a total transaction of $49,000.00. Following the completion of the transaction, the insider now directly owns 51,487 shares in the company, valued at approximately $901,022.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Bank of SC stock traded up $0.26 on Monday, reaching $18.88. 2,300 shares of the company were exchanged, compared to its average volume of 3,435. Bank of SC Co. has a 1-year low of $16.75 and a 1-year high of $22.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market capitalization of $104.16 million, a price-to-earnings ratio of 15.10 and a beta of 0.17. The stock has a 50-day moving average price of $18.45.
Bank of SC (NASDAQ:BKSC) last posted its earnings results on Tuesday, April 9th. The bank reported $0.30 EPS for the quarter. Bank of SC had a return on equity of 15.61% and a net margin of 34.20%.
Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. increased its position in Bank of SC by 218.9% in the 4th quarter. BlackRock Inc. now owns 5,189 shares of the bank’s stock valued at $94,000 after acquiring an additional 3,562 shares during the period. Synovus Financial Corp bought a new position in Bank of SC during the 1st quarter valued at $192,000. Dimensional Fund Advisors LP boosted its stake in Bank of SC by 5.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 23,969 shares of the bank’s stock valued at $436,000 after purchasing an additional 1,209 shares in the last quarter. Finally, Vanguard Group Inc boosted its stake in Bank of SC by 2.3% during the 3rd quarter. Vanguard Group Inc now owns 48,939 shares of the bank’s stock valued at $993,000 after purchasing an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 11.92% of the company’s stock.
Bank of SC Company Profile
Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.
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