Insider Buying: Bank of South Carolina Corp. (BKSC) Insider Acquires 4,000 Shares of Stock

Bank of South Carolina Corp. (NASDAQ:BKSC) insider Sheryl G. Sharry acquired 4,000 shares of Bank of South Carolina stock in a transaction on Monday, December 4th. The shares were bought at an average price of $18.45 per share, for a total transaction of $73,800.00. Following the completion of the purchase, the insider now directly owns 55,055 shares in the company, valued at $1,015,764.75. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Bank of South Carolina Corp. (NASDAQ BKSC) traded up $0.10 during trading on Friday, hitting $18.60. 17,180 shares of the stock were exchanged, compared to its average volume of 3,278. Bank of South Carolina Corp. has a one year low of $17.35 and a one year high of $23.41. The company has a market cap of $93.21, a P/E ratio of 17.62 and a beta of 0.24.

Bank of South Carolina (NASDAQ:BKSC) last posted its quarterly earnings results on Thursday, October 12th. The bank reported $0.28 earnings per share (EPS) for the quarter. Bank of South Carolina had a net margin of 29.70% and a return on equity of 12.70%.

Institutional investors have recently bought and sold shares of the company. John W. Rosenthal Capital Management Inc. lifted its position in Bank of South Carolina by 3.3% in the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 77,077 shares of the bank’s stock valued at $1,561,000 after purchasing an additional 2,450 shares during the last quarter. Janus Henderson Group PLC bought a new stake in Bank of South Carolina in the 2nd quarter valued at about $1,321,000. Finally, Northern Trust Corp lifted its position in Bank of South Carolina by 6.4% in the 2nd quarter. Northern Trust Corp now owns 15,302 shares of the bank’s stock valued at $310,000 after purchasing an additional 922 shares during the last quarter. Institutional investors own 6.06% of the company’s stock.

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About Bank of South Carolina

Bank of South Carolina Corporation is a financial institution holding company. The Company offers a range of financial services through its subsidiary, The Bank of South Carolina (the Bank). The Bank is a commercial bank, which operates principally in the Charleston, Dorchester and Berkeley counties of South Carolina.

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

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