GREENFIELD, WI – In a recent transaction on May 31, 1895 Bancorp of Wisconsin, Inc. (NASDAQ:BCOW) director Harris Clarence increased his stake in the company by purchasing additional shares. Clarence bought 97 shares of 1895 Bancorp at a price of $7.30 per share, investing a total of $708 in the company's common stock.
The acquisition, which was officially filed on June 3, brings Clarence's total holdings in 1895 Bancorp to 1,097 shares. The transaction reflects confidence in the financial institution, which operates as a non-federally chartered savings bank.
1895 Bancorp of Wisconsin, Inc., headquartered at 7001 West Edgerton Avenue in Greenfield, has been serving the local community with a range of banking services. The purchase by Clarence, a member of the company's board of directors, is often viewed positively by investors as it aligns his interests more closely with those of the shareholders.
Investors and market watchers often pay close attention to insider transactions like these, as they can provide valuable insights into the company's financial health and future prospects. The filing, signed by Marc Levy on behalf of Harris Clarence, was made in accordance with the Securities and Exchange Commission's regulations.
As of the latest reports, 1895 Bancorp's stock continues to be actively traded on NASDAQ, with the company and its executives demonstrating ongoing commitment to its growth and financial stability.
InvestingPro Insights
In light of the recent insider share purchase at 1895 Bancorp of Wisconsin, Inc. (NASDAQ:BCOW), it's important for investors to consider the company's financial metrics in conjunction with such activities. According to InvestingPro data, 1895 Bancorp has a market capitalization of approximately $40.74 million, which provides a sense of the company's size in the financial sector. Despite the positive signal from the director's stock acquisition, the company's Price/Earnings (P/E) ratio stands at -5.99, reflecting its current lack of profitability over the last twelve months as of Q1 2024. Additionally, the Price/Book ratio as of the same period is 0.58, which can offer insights into how the market values the company's net assets.
Two notable InvestingPro Tips for 1895 Bancorp are the company's weak gross profit margins and its status as not profitable over the last twelve months. These factors are critical for investors to consider when evaluating the potential for future growth and profitability. Moreover, the company does not pay a dividend, which may influence investment decisions for those seeking regular income streams from their investments.
For those looking to delve deeper into the financial analysis of 1895 Bancorp, InvestingPro provides additional tips and metrics that could be crucial in making an informed decision. With the use of coupon code PRONEWS24, investors can access these valuable insights at a discounted rate on a yearly or biyearly Pro and Pro+ subscription. The platform currently lists a total of 3 additional InvestingPro Tips for 1895 Bancorp, which can be found at https://www.investing.com/pro/BCOW.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.