Coastal Financial Corporation (NYSE:CCB) EVP Daniel J. Lee purchased 2,500 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average price of $14.79 per share, for a total transaction of $36,975.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of Coastal Financial stock traded down $0.05 during midday trading on Tuesday, reaching $14.76. 11,432 shares of the company’s stock traded hands, compared to its average volume of 15,473. The company’s 50 day simple moving average is $15.30 and its 200 day simple moving average is $15.98. Coastal Financial Corporation has a 52 week low of $11.85 and a 52 week high of $18.90.
Coastal Financial (NYSE:CCB) last released its quarterly earnings results on Friday, July 26th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The business had revenue of $12.32 million for the quarter.
Coastal Financial Company Profile
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to consumers and small to medium sized businesses in the Puget Sound region in Washington. It generates a range of deposit products, including checking and savings accounts, time deposits, and money market accounts.
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