Connectone Bancorp, Inc. (CNOB) Files Form 4 Insider Selling : Frank Iii Sorrentino Sells 6,095 Shares

Connectone Bancorp, Inc. (CNOB): Frank Iii Sorrentino , Chairman, President & CEO of Connectone Bancorp, Inc. sold 6,095 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $16.01 per share for a total value of $97,574.85 , 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 4, 2016, Nicholas Minoia (director) purchased 1,500 shares at $16.91 per share price.On Apr 21, 2016, Frederick S Fish (director) purchased 493 shares at $18.51 per share price.Also, On Feb 1, 2016, Stephen T. Boswell (director) purchased 1,700 shares at $16.47 per share price.On Nov 20, 2015, Raymond Vanaria (director) sold 35,228 shares at $18.25 per share price.

Shares of ConnectOne Bancorp Inc (CNOB) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.77 points or -4.68% at $15.69 with 31,092 shares getting traded. Post opening the session at $16.33, the shares hit an intraday low of $15.66 and an intraday high of $16.35 and the price vacillated in this range throughout the day. The company has a market cap of $474 M and the number of outstanding shares has been calculated to be 3,01,79,900 shares. The 52-week high of ConnectOne Bancorp Inc is $22.55 and the 52-week low is $14.86.

ConnectOne Bancorp Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.ConnectOne Bancorp Inc is Initiated by Piper Jaffray to Overweight. The Rating was issued on Mar 7, 2016.

ConnectOne Bancorp Inc is the bank holding company of ConnectOne Bank (the Bank) a New Jersey-chartered commercial bank. The Bank offers range of deposit and loan products and services and other banking services. The Bank’s products and services include personal and business checking accounts retirement accounts money market accounts time and savings accounts credit cards wire transfers access to automated teller services Internet banking Treasury Direct ACH origination lockbox services and mobile banking by phone. The Company’s banking offices are located in Bergen Union Morris Essex Hudson Mercer and Monmouth Counties in New Jersey. The Bank’s market area includes Bergen Union Morris Essex Hudson Mercer and Monmouth counties New Jersey.

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