Bogota Financial Corp. (NASDAQ:BSBK) Director John J. Masterson bought 3,315 shares of the firm’s stock in a transaction on Thursday, February 10th. The shares were purchased at an average price of $10.15 per share, for a total transaction of $33,647.25. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Bogota Financial stock opened at $10.35 on Friday. The company has a market capitalization of $151.44 million, a PE ratio of 19.17 and a beta of 1.01. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.18 and a current ratio of 1.18. The company has a 50-day simple moving average of $10.13 and a two-hundred day simple moving average of $10.26. Bogota Financial Corp. has a one year low of $8.75 and a one year high of $11.10.
Bogota Financial (NASDAQ:BSBK) last issued its earnings results on Wednesday, February 2nd. The company reported $0.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.05. The firm had revenue of $6.12 million for the quarter, compared to analyst estimates of $5.40 million. Bogota Financial had a return on equity of 4.14% and a net margin of 25.44%. On average, equities analysts predict that Bogota Financial Corp. will post 0.38 earnings per share for the current fiscal year.
Several research firms have recently issued reports on BSBK. Zacks Investment Research cut shares of Bogota Financial from a “hold” rating to a “sell” rating in a research report on Friday, February 4th. TheStreet raised shares of Bogota Financial from a “c” rating to a “b-” rating in a research note on Wednesday, January 19th.
A number of hedge funds and other institutional investors have recently bought and sold shares of BSBK. Renaissance Technologies LLC increased its stake in shares of Bogota Financial by 183.6% in the 2nd quarter. Renaissance Technologies LLC now owns 51,904 shares of the company’s stock worth $528,000 after acquiring an additional 33,604 shares during the last quarter. M3F Inc. increased its position in shares of Bogota Financial by 1.5% during the 3rd quarter. M3F Inc. now owns 1,174,896 shares of the company’s stock worth $12,113,000 after purchasing an additional 17,442 shares during the last quarter. Millennium Management LLC purchased a new position in Bogota Financial during the 2nd quarter valued at about $541,000. Geode Capital Management LLC boosted its holdings in Bogota Financial by 49.8% during the 3rd quarter. Geode Capital Management LLC now owns 15,960 shares of the company’s stock valued at $165,000 after acquiring an additional 5,307 shares during the period. Finally, BHZ Capital Management LP purchased a new position in shares of Bogota Financial in the 4th quarter valued at about $214,000. 11.65% of the stock is owned by hedge funds and other institutional investors.
Bogota Financial Company Profile
Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one- to four-family residential real estate loans, and commercial real estate and multi-family loans, as well as consumer loans, such as home equity loans and lines of credit, commercial and industrial loans, and construction loans; and buys, sells, and holds investment securities.
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