Here’s Who Just Picked Up Royal Bancshares Of Pennsylvania Inc. (NASDAQ:RBPAA) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Royal Bancshares Of Pennsylvania Inc. (NASDAQ:RBPAA) reported that Bryn Mawr Bank Corp. has picked up 5,954,810 of common stock as of 2017-02-10.

The acquisition brings the aggregate amount owned by Bryn Mawr Bank Corp. to a total of 5,954,810 representing a 21.1% stake in the company.

For those not familiar with the company, Royal Bancshares of Pennsylvania, Inc. is a bank holding company. The Company offers a range of financial and banking products and services. The principal activities of the Company are supervising Royal Bank America (Royal Bank), which engages in general banking business. It operates through two segments: Community Banking and Tax Liens. Its community banking segment consists of commercial and retail banking and equipment leasing. The community banking business segment includes Royal Bank and Royal Bank Leasing, and offers a range of products and services. Its tax liens segment includes ownership interest in Crusader Servicing Corporation and Royal Tax Lien Services, LLC. Royal Bank conducts business operations as a commercial bank offering consumer and business deposit products and services, and commercial and consumer loans, including home equity and small business administration loans. It also offers a range of services, such as cash management products and mobile deposits.

A glance at Royal Bancshares Of Pennsylvania Inc. (NASDAQ:RBPAA)’s key stats reveals a current market capitalization of 119.99 million based on 27.87 million shares outstanding and a price at last close of $4.00 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2014-05-05, Eller picked up 2,500 at a purchase price of $2.35. This brings their total holding to 19,900 as of the date of the filing.

On the sell side, the most recent transaction saw Eller unload 3,868 shares at a sale price of $1.81. This brings their total holding to 16,975.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Royal Bancshares Of Pennsylvania Inc. (NASDAQ:RBPAA) as things move forward to see if its progress aligns with these transactions.

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