Bank of SC Co. (NASDAQ:BKSC) Insider Sells $18,750.00 in Stock

Bank of SC Co. (NASDAQ:BKSC) insider Douglas H. Sass sold 1,000 shares of the firm’s stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of $18.75, for a total transaction of $18,750.00. Following the completion of the sale, the insider now owns 13,877 shares in the company, valued at approximately $260,193.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of NASDAQ BKSC opened at $19.00 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.80 and a quick ratio of 0.79. Bank of SC Co. has a 52-week low of $16.75 and a 52-week high of $22.00. The firm has a market cap of $104.88 million and a price-to-earnings ratio of 15.29.

Bank of SC (NASDAQ:BKSC) last announced its quarterly earnings data on Tuesday, April 9th. The bank reported $0.30 EPS for the quarter. Bank of SC had a return on equity of 15.61% and a net margin of 34.20%.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 8th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend was Friday, April 5th. This is a boost from Bank of SC’s previous quarterly dividend of $0.15.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKSC. Synovus Financial Corp bought a new stake in shares of Bank of SC during the 1st quarter worth approximately $192,000. Dimensional Fund Advisors LP increased its holdings in shares of Bank of SC by 29.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 22,760 shares of the bank’s stock worth $462,000 after acquiring an additional 5,186 shares during the last quarter. BlackRock Inc. grew its holdings in Bank of SC by 218.9% in the 4th quarter. BlackRock Inc. now owns 5,189 shares of the bank’s stock valued at $94,000 after buying an additional 3,562 shares in the last quarter. Finally, Vanguard Group Inc grew its holdings in Bank of SC by 2.3% in the 3rd quarter. Vanguard Group Inc now owns 48,939 shares of the bank’s stock valued at $993,000 after buying an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 11.49% of the company’s stock.

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Bank of SC Company Profile

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.

See Also: Why is the ex-dividend date different from the record date?

Insider Buying and Selling by Quarter for Bank of SC (NASDAQ:BKSC)

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