United Financial Bancorp, Inc. (UBNK): Michael A Bars , director of United Financial Bancorp, Inc. sold 6,775 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $13.44 per share for a total value of $91,075.65 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 1, 2016, Mark F Doyle (SVP United Bank) purchased 1,500 shares at $11.09 per share price.On Feb 1, 2016, Brandon Craig Lorey (other) purchased 1,500 shares at $11.16 per share price.Also, On Feb 1, 2016, Eric R Newell (CFO) purchased 2,000 shares at $11.15 per share price.On Dec 28, 2015, Robert A Jr Stewart (director) purchased 100 shares at $13.36 per share price.
Shares of United Financial Bancorp Inc (UBNK) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.37% at $13.42 with 83,402 shares getting traded. Post opening the session at $13.45, the shares hit an intraday low of $13.28 and an intraday high of $13.48 and the price vacillated in this range throughout the day. The company has a market cap of $673 M and the number of outstanding shares has been calculated to be 5,01,65,957 shares. The 52-week high of United Financial Bancorp Inc is $14.16 and the 52-week low is $10.28.
Company has been under the radar of several Street Analysts.United Financial Bancorp Inc is Downgraded by Piper Jaffray to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 21, 2016.
United Financial Bancorp Inc. (United) formerly Rockville Financial Inc. is a bank holding company. The Company through United Bank delivers financial services to individuals families and businesses throughout Connecticut and central and western Massachusetts through 56 banking offices its commercial loan and mortgage loan production offices 67 automated teller machines (ATMs) telephone banking mobile banking and its Internet Website www.bankatunited.com. In addition to the Merger the Company operates two branch locations in North Haven Connecticut and East Hartford Connecticut. It operates in suburban market areas. Its retail banking and lending offices are located in Connecticut throughout Hartford New Haven New London and Tolland Counties and in Massachusetts in West Springfield Greater Springfield and Worcester regions.