Brookline Bancorp, Inc (NASDAQ:BRKL) shares traded 0.67% higher at $12.00 on Wall Street last session.
BRKL stock price is now -1.47% away from the 50-day moving average and 18.05% away from the 200-day moving average. The market capitalization of the company currently stands at $1.08B.
On December 20, 2024, Raymond James Upgraded its previous ‘Mkt Perform’ rating to ‘Strong Buy’ on the stock keeping its target price maintained at $16, while ‘Keefe Bruyette’ rates the stock as ‘Outperform’
In other news, Hollister Thomas J, Director bought 2,400 shares of the company’s stock on May 08 ’24. The stock was bought for $20,928 at an average price of $8.72. Upon completion of the transaction, the Director now directly owns 7,800 shares in the company, valued at $93600.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 29 ’24, Director Hill Willard I JR bought 2,000 shares of the business’s stock. A total of $16,878 was incurred on buying the stock at an average price of $8.44. This leaves the insider owning 25,631 shares of the company worth $0.31 million. A total of 3.21% of the company’s stock is owned by insiders.
During the past 12 months, Brookline Bancorp, Inc has had a low of $8.01 and a high of $13.15. The fifty day moving average price for BRKL is $12.1786 and a two-hundred day moving average price translates $10.16535 for the stock.
The latest earnings results from Brookline Bancorp, Inc (NASDAQ: BRKL) was released for 2024-09-30. The net profit margin was 11.42% and return on equity was 6.20% for BRKL. The company reported revenue of $159.56 million for the quarter, compared to $147.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.5 percent.
