Unity Bancorp Inc /nj/ (UNTY) Files Form 4 Insider Buying : Peter E Maricondo Buys 1,000 Shares

Unity Bancorp Inc /nj/ (UNTY): Peter E Maricondo , director of Unity Bancorp Inc /nj/ purchased 1,000 shares on Sep 13, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.46 per share for a total value of $12,460.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 8, 2016, Donald E. Jr. Souders (director) sold 2,700 shares at $12.07 per share price.On Feb 8, 2016, Alan J Bedner (CFO) purchased 1,950 shares at $10.35 per share price.Also, On Feb 8, 2016, James A Hughes (CEO) purchased 1,900 shares at $10.50 per share price.On Dec 10, 2015, Mary E. Gross (director) sold 2,600 shares at $11.02 per share price.

Unity Bancorp: On Monday, Sep 12, 2016 heightened volatility was witnessed in Unity Bancorp which led to swings in the share price. The shares opened for trading at $12.89 and hit $13.18 on the upside , eventually ending the session at $13.11, with a gain of 0.54% or 0.07 points. The heightened volatility saw the trading volume jump to 12,946 shares. The 52-week high of the share price is $12.363636 and the company has a market cap of $111 M . The 52-week low of the share price is at $8.745454.

Unity Bancorp Money Flow Index Chart

Unity Bancorp Inc. is a bank holding company. The Company operates through Unity Bank (the Bank). The Company’s primary business is ownership and supervision of the Bank. The Company through the Bank conducts a traditional and community-oriented commercial banking business and offers services including personal and business checking accounts money market accounts and regular savings accounts. The Company engages in lending activities and offers commercial Small Business Administration (SBA) consumer mortgage home equity and personal loans. The Bank is a full-service commercial bank providing business and consumer financial services. These services include the acceptance of demand savings and time deposits and the extension of consumer real estate and other commercial credits.

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