Bar Harbor Bankshares (NYSE:BHB) Director David Colter Buys 500 Shares

Bar Harbor Bankshares (NYSE:BHB) Director David Colter bought 500 shares of the stock in a transaction on Monday, March 2nd. The shares were bought at an average price of $32.54 per share, with a total value of $16,270.00. Following the acquisition, the director owned 12,687 shares of the company’s stock, valued at $412,834.98. This trade represents a 4.10% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Bar Harbor Bankshares Trading Down 0.2%

NYSE BHB opened at $33.02 on Wednesday. Bar Harbor Bankshares has a 12-month low of $26.43 and a 12-month high of $36.05. The firm’s fifty day simple moving average is $33.26 and its two-hundred day simple moving average is $31.66. The firm has a market capitalization of $551.07 million, a P/E ratio of 14.36 and a beta of 0.65.

Institutional Trading of Bar Harbor Bankshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BHB. CSM Advisors LLC purchased a new stake in Bar Harbor Bankshares in the second quarter valued at $2,690,000. Focus Partners Wealth lifted its holdings in Bar Harbor Bankshares by 459.8% in the third quarter. Focus Partners Wealth now owns 90,870 shares of the company’s stock valued at $2,768,000 after acquiring an additional 74,638 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Bar Harbor Bankshares during the 4th quarter valued at about $1,408,000. Delphi Management Inc. MA acquired a new position in shares of Bar Harbor Bankshares during the 3rd quarter worth approximately $1,322,000. Finally, UBS Group AG grew its stake in Bar Harbor Bankshares by 489.9% in the 3rd quarter. UBS Group AG now owns 48,087 shares of the company’s stock valued at $1,465,000 after acquiring an additional 39,935 shares during the period. Institutional investors and hedge funds own 54.49% of the company’s stock.

Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares, Inc is a bank holding company headquartered in Bar Harbor, Maine, operating through its wholly owned subsidiary, Bar Harbor Bank & Trust. The company offers a comprehensive suite of commercial and consumer banking services, including checking and savings accounts, certificates of deposit, and digital banking capabilities. It serves individuals, small businesses, and corporate clients across its footprint in Maine and New Hampshire, with a network of full-service branch offices and lending centers.

In addition to traditional deposit and loan products, Bar Harbor Bankshares provides specialized financial services such as mortgage lending, commercial real estate financing, equipment loans, and lines of credit tailored to the needs of local businesses.