Enterprise Bancorp Inc. (NASDAQ:EBTC) Director Eric W. Hanson sold 3,672 shares of the business’s stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $33.15, for a total transaction of $121,726.80. Following the completion of the transaction, the director now directly owns 316,518 shares in the company, valued at $10,492,571.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Enterprise Bancorp Inc. (NASDAQ:EBTC) opened at 32.50 on Tuesday. Enterprise Bancorp Inc. has a one year low of $20.01 and a one year high of $33.62. The stock has a market capitalization of $372.09 million, a P/E ratio of 18.91 and a beta of 0.86. The company has a 50 day moving average of $28.95 and a 200-day moving average of $25.60.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Thursday, November 10th will be given a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $0.52 annualized dividend and a dividend yield of 1.60%. Enterprise Bancorp’s dividend payout ratio (DPR) is presently 30.23%.
Enterprise Bancorp Company Profile