Brookline Bancorp Inc (BRKL) Files Form 4 Insider Selling : David C Chapin Sells 1,458 Shares

Brookline Bancorp Inc (BRKL): David C Chapin , director of Brookline Bancorp Inc sold 1,458 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $11.26 per share for a total value of $16,417.08 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 30, 2015, Carl M Carlson (CFO) purchased 3,000 shares at $10.97 per share price.On Apr 29, 2015, Charles H Peck (director) sold 25,000 shares at $10.98 per share price.Also, On Apr 27, 2015, Joseph J Slotnik (director) sold 5,000 shares at $11.01 per share price.

Brookline Bancorp: On Monday, May 2, 2016 heightened volatility was witnessed in Brookline Bancorp which led to swings in the share price. The shares opened for trading at $11.4 and hit $11.52 on the upside , eventually ending the session at $11.51, with a gain of 1.14% or 0.13 points. The heightened volatility saw the trading volume jump to 2,53,540 shares. The 52-week high of the share price is $11.9746 and the company has a market cap of $810 M . The 52-week low of the share price is at $9.86.

Brookline Bancorp Money Flow Index Chart

Brookline Bancorp Inc. operates as a multi-bank holding company for Brookline Bank a Massachusetts-chartered savings bank; Bank Rhode Island (BankRI) a Rhode Island-chartered financial institution and First Ipswich Bank (First Ipswich) a Massachusetts-chartered savings bank. The Company’s primary business is to provide commercial business and retail banking services to its corporate municipal and individual customers through its banks and non-bank subsidiaries. The Company’s activities include acceptance of commercial municipal and retail deposits origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island origination of commercial loans and leases to small- and mid-sized businesses investment in debt and equity securities and the offering of cash management and investment advisory services. The Company also provides specialty equipment financing.

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