Bancorp Of New Jersey, Inc. (BKJ): Nancy E Graves , CEO of Bancorp Of New Jersey, Inc. purchased 3,438 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.41 per share for a total value of $39,366.94 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 17, 2015, Diane M Spinner (director) sold 7,315 shares at $11.12 per share price.On Aug 24, 2015, Rosario Luppino (director) purchased 4,200 shares at $11.39 per share price.Also, On Jun 4, 2015, Albert L Buzzetti (director) purchased 45,662 shares at $10.95 per share price.On Jun 2, 2015, Anthony Siniscalchi (director) purchased 18,500 shares at $10.95 per share price.
Bancorp of New Jersey Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Bancorp of New Jersey Inc which led to swings in the share price. The shares opened for trading at $11.33 and hit $11.6 on the upside , eventually ending the session at $11.5, with a gain of 1.50% or 0.17 points. The heightened volatility saw the trading volume jump to 1,938 shares. The 52-week high of the share price is $13.5 and the company has a market cap of $72 M . The 52-week low of the share price is at $9.75.
Bancorp of New Jersey Inc. is the bank holding company for Bank of New Jersey (the Bank). The Company through the Bank conducts a traditional commercial banking business accepting deposits from the general public including individuals businesses non-profit organizations and governmental units. The Bank makes commercial loans consumer loans and both residential and commercial real estate loans. In addition the Bank provides other customer services and makes investments in securities. The principal market for its deposit gathering and lending activities lies within Bergen County in New Jersey. The Company offers various types of deposit products such demand deposits savings deposits demand deposits and time deposits among others. The Bank’s wholly owned subsidiaries include BONJ-New York Corp. BONJ-New Jersey Investment Company BONJ- Delaware Investment Company and BONJ REIT Inc.