Ameriserv Financial Inc /pa/ (ASRV) Files Form 4 Insider Buying : Robert L Wise Buys 218 Shares

Ameriserv Financial Inc /pa/ (ASRV): Robert L Wise , director of Ameriserv Financial Inc /pa/ purchased 218 shares on Jun 15, 2016. The Insider buying transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.16 per share for a total value of $689.05 , 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 23, 2016, Robert L Wise (director) purchased 226 shares at $3.05 per share price.On Mar 4, 2016, Jeffrey A Stopko (CEO) purchased 1,000 shares at $3.08 per share price.Also, On Sep 3, 2015, Gregor T Iv Young (CEO) purchased 1,000 shares at $3.22 per share price.On Jun 1, 2015, Malley Margaret A O (director) purchased 55 shares at $3.30 per share price.

AmeriServ Financial: On Monday, Jun 20, 2016 heightened volatility was witnessed in AmeriServ Financial which led to swings in the share price. The shares opened for trading at $3.09 and hit $3.23 on the upside , eventually ending the session at $3.1789, with a gain of 2.88% or 0.0889 points. The heightened volatility saw the trading volume jump to 5,598 shares. The 52-week high of the share price is $3.42 and the company has a market cap of $60 M . The 52-week low of the share price is at $2.9.

AmeriServ Financial Money Flow Index Chart

AmeriServ Financial Inc. is a bank holding company for AmeriServ Financial Bank (the Bank). The Company’s principal activities consist of owning and operating its three wholly owned subsidiary entities which include the Bank AmeriServ Trust and Financial Services Company (the Trust Company) and AmeriServ Life Insurance Company (AmeriServ Life). The Company and its subsidiaries are engaged in banking and bank-related services. Its business units include retail banking commercial banking trust and investment/parent. The Bank is a state bank conducting banking business. The Trust Company focuses on wealth management. AmeriServ Life is a captive insurance company. Its retail banking includes the deposit-gathering branch franchise and lending to individuals and small businesses. Its lending activities include residential mortgage loans direct consumer loans and small business commercial loans. Commercial banking includes commercial loans and commercial real estate mortgage loans.

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