Bar Harbor Bankshares, Inc. (NYSEAMERICAN:BHB) Director Stephen R. Theroux sold 1,000 shares of Bar Harbor Bankshares stock in a transaction on Thursday, April 26th. The shares were sold at an average price of $29.83, for a total transaction of $29,830.00. Following the transaction, the director now owns 34,868 shares in the company, valued at approximately $1,040,112.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of BHB traded down $0.25 during trading hours on Friday, reaching $29.52. 19,279 shares of the stock traded hands, compared to its average volume of 30,844. Bar Harbor Bankshares, Inc. has a 52-week low of $25.09 and a 52-week high of $32.94.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last released its earnings results on Thursday, January 25th. The financial services provider reported $0.58 earnings per share for the quarter. Bar Harbor Bankshares had a net margin of 35.35% and a return on equity of 12.02%. The company had revenue of $30.01 million for the quarter.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Monday, May 14th will be paid a dividend of $0.20 per share. This is a boost from Bar Harbor Bankshares’s previous quarterly dividend of $0.19. The ex-dividend date is Friday, May 11th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.71%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its holdings in Bar Harbor Bankshares by 96.9% in the 3rd quarter. Wells Fargo & Company MN now owns 40,745 shares of the financial services provider’s stock valued at $1,278,000 after acquiring an additional 20,052 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Bar Harbor Bankshares by 15.6% in the 4th quarter. Bank of New York Mellon Corp now owns 101,040 shares of the financial services provider’s stock valued at $2,729,000 after acquiring an additional 13,661 shares during the last quarter. Morgan Dempsey Capital Management LLC bought a new stake in Bar Harbor Bankshares in the 4th quarter valued at $758,000. BlackRock Inc. increased its holdings in Bar Harbor Bankshares by 1.6% in the 4th quarter. BlackRock Inc. now owns 804,674 shares of the financial services provider’s stock valued at $21,734,000 after acquiring an additional 12,528 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in Bar Harbor Bankshares by 22.0% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 30,459 shares of the financial services provider’s stock valued at $823,000 after acquiring an additional 5,502 shares during the last quarter.

About Bar Harbor Bankshares

Bar Harbor Bankshares operates as a bank holding company for Bar Harbor Bank & Trust that provides commercial, retail, and wealth management banking products and services. It offers various deposit products, including interest-bearing and non-interest-bearing demand accounts, NOW accounts, time deposits, and checking, savings, and money market accounts, as well as certificates of deposit.

Insider Buying and Selling by Quarter for Bar Harbor Bankshares (NYSEAMERICAN:BHB)

Receive News & Ratings for Bar Harbor Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bar Harbor Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.