Pathfinder Bancorp (NASDAQ:PBHC) Share Price Passes Below 200 Day Moving Average – What’s Next?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $16.92 and traded as low as $16.72. Pathfinder Bancorp shares last traded at $16.73, with a volume of 1,320 shares trading hands.

Pathfinder Bancorp Stock Up 0.2 %

The stock has a market cap of $78.97 million, a PE ratio of 27.88 and a beta of 0.23. The business has a 50-day moving average price of $16.86 and a 200-day moving average price of $16.92. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Friday, January 31st. The savings and loans company reported $0.69 earnings per share (EPS) for the quarter. Pathfinder Bancorp had a net margin of 4.28% and a return on equity of 3.07%.

Insider Buying and Selling

In other news, SVP William D. O’brien sold 2,353 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $17.14, for a total value of $40,330.42. Following the completion of the sale, the senior vice president now directly owns 14,865 shares in the company, valued at $254,786.10. This represents a 13.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Ronald Tascarella sold 5,000 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $17.00, for a total transaction of $85,000.00. Following the completion of the transaction, the insider now directly owns 48,609 shares in the company, valued at approximately $826,353. This represents a 9.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,556 shares of company stock worth $128,803. Insiders own 22.40% of the company’s stock.

Institutional Trading of Pathfinder Bancorp

Large investors have recently bought and sold shares of the business. Alliancebernstein L.P. increased its position in Pathfinder Bancorp by 0.9% during the fourth quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock worth $5,049,000 after purchasing an additional 2,707 shares during the last quarter. Fourthstone LLC grew its stake in shares of Pathfinder Bancorp by 10.8% in the 4th quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company’s stock valued at $1,545,000 after buying an additional 8,579 shares during the period. Inspire Investing LLC increased its holdings in shares of Pathfinder Bancorp by 16.7% during the 4th quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock worth $1,006,000 after buying an additional 8,436 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Pathfinder Bancorp by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company’s stock worth $335,000 after buying an additional 1,032 shares during the last quarter. Finally, Northern Trust Corp purchased a new stake in shares of Pathfinder Bancorp during the 4th quarter valued at approximately $229,000. Hedge funds and other institutional investors own 26.73% of the company’s stock.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.