Bridge Bancorp Inc (BDGE) Files Form 4 Insider Selling : Dennis A Suskind Sells 1,000 Shares

Bridge Bancorp Inc (BDGE): Dennis A Suskind , director of Bridge Bancorp Inc sold 1,000 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $30.42 per share for a total value of $30,423.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Dennis A Suskind (director) sold 3,355 shares at $28.84 per share price.On Feb 2, 2016, Jr. Albert E Mccoy (director) purchased 3,000 shares at $27.62 per share price.Also, On Dec 10, 2015, Raymond A Nielsen (director) purchased 1,006 shares at $30.53 per share price.On Dec 4, 2015, Thomas J Tobin (director) sold 3,200 shares at $30.84 per share price.

Bridge Bancorp: On Wednesday, May 4, 2016 heightened volatility was witnessed in Bridge Bancorp which led to swings in the share price. The shares opened for trading at $29.08 and hit $29.345 on the upside , eventually ending the session at $29.19, with a gain of 0.07% or 0.02 points. The heightened volatility saw the trading volume jump to 50,117 shares. The 52-week high of the share price is $32.4 and the company has a market cap of $509 M . The 52-week low of the share price is at $24.21.

Bridge Bancorp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Bridge Bancorp is Downgraded by FIG Partners to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 29, 2016.Bridge Bancorp is Initiated by Keefe Bruyette to Mkt Perform. The Rating was issued on Apr 15, 2016.

Bridge Bancorp Inc. is a bank holding company for The Bridgehampton National Bank (the Bank). The Company through its subsidiaries engages in service commercial and consumer banking business including accepting time savings and demand deposits from the consumers businesses and local municipalities surrounding its branch offices. The Bank operates approximately 40 retail branch locations serving Long Island and the greater New York metropolitan area. The Bank offers merchant credit and debit card processing automated teller machines cash management services online banking services remote deposit capture individual retirement accounts and investment services among others through Bridge Investment Services. The Bank operations include its real estate investment trust subsidiary Bridgehampton Community Inc. (BCI) a financial title insurance subsidiary Bridge Abstract LLC (Bridge Abstract) and an investment services subsidiary Bridge Financial Services LLC.

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