Bryn Mawr Bank Corp (BMTC) Files Form 4 Insider Buying : Michael Joseph Clement Buys 2,000 Shares

Bryn Mawr Bank Corp (BMTC): Michael Joseph Clement , director of Bryn Mawr Bank Corp purchased 2,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $28.30 per share for a total value of $56,599.80 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Geoffrey L Halberstadt (EVP of BMTC, a sub. of BMBC) sold 4,250 shares at $28.60 per share price.On Feb 17, 2016, Michael W Harrington (CFO) purchased 1,000 shares at $25.15 per share price.Also, On Jan 28, 2016, Britton Murdoch (director) purchased 5,000 shares at $25.50 per share price.On Dec 11, 2015, Marie D Connolly (Chief Accounting Officer) sold 2,000 shares at $28.00 per share price.

Shares of Bryn Mawr Bank Corp. (BMTC) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.29 points or -1.03% at $27.89 with 42,028 shares getting traded. Post opening the session at $28.21, the shares hit an intraday low of $27.86 and an intraday high of $28.4 and the price vacillated in this range throughout the day. The company has a market cap of $469 M and the number of outstanding shares has been calculated to be 1,68,07,121 shares. The 52-week high of Bryn Mawr Bank Corp. is $31.48 and the 52-week low is $23.92.

Bryn Mawr Bank Corp. Money Flow Index Chart

Bryn Mawr Bank Corporation is a holding company for The Bryn Mawr Trust Company (the Bank). The Company offers a range of personal and business banking services consumer and commercial loans equipment leasing mortgages insurance and wealth management services including investment management trust and estate administration retirement planning custody services and tax planning and preparation. The Company operates through two segments: Wealth Management and Banking. The Company’s Wealth Management segment offers various services including trust administration other related fiduciary services custody investment management and advisory services employee benefits and IRA administration estate settlement tax services and brokerage. The Company’s Banking segment consists of commercial and retail banking. The Company operates around 19 full-service branches seven life care community offices five wealth offices and a full-service insurance agency.

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