Greene County Bancorp Inc (GCBC) Files Form 4 Insider Buying : Donald E Gibson Buys 300 Shares

Greene County Bancorp Inc (GCBC): Donald E Gibson , CEO of Greene County Bancorp Inc purchased 300 shares on Sep 22, 2016. The Insider buying transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.84 per share for a total value of $5,051.97 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 2, 2016, Donald E Gibson (CEO) purchased 575 shares at $16.65 per share price.On Jun 8, 2016, Jay P. Cahalan (director) purchased 160 shares at $17.25 per share price.Also, On May 9, 2016, Peter W. Hogan (director) purchased 2,000 shares at $17.95 per share price.On Mar 16, 2016, Michelle M Plummer (EVP, COO & CFO) sold 500 shares at $35.00 per share price.

Greene County Bancorp: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Greene County Bancorp which led to swings in the share price. The shares opened for trading at $16.76 and hit $16.85 on the upside , eventually ending the session at $16.85, with a gain of 0.90% or 0.15 points. The heightened volatility saw the trading volume jump to 2,816 shares. The 52-week high of the share price is $21.3 and the company has a market cap of $143 M . The 52-week low of the share price is at $13.75.

Greene County Bancorp Money Flow Index Chart

Greene County Bancorp Inc. is the holding company of The Bank of Greene County a federally chartered savings bank. The Company’s principal business is overseeing and directing the business of The Bank of Greene County and monitoring its cash position. The Bank of Greene County’s revenues are derived principally from the interest on its residential and commercial real estate mortgages and to a lesser extent from interest on consumer and commercial loans and securities as well as from servicing fees and service charges and other fees collected on its deposit accounts. The Bank of Greene County through its affiliations offers investment alternatives for customers which also contributes to the Bank’s revenues. The Bank of Greene County operates a limited-purpose subsidiary Greene County Commercial Bank. The purpose of Greene County Commercial Bank is to serve local municipalities’ banking needs.

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