Insider Buying: Malvern Bancorp, Inc. (MLVF) Director Buys 750 Shares of Stock

Insider Buying: Malvern Bancorp, Inc. (MLVF) Director Buys 750 Shares of Stock

Shares of Malvern Bancorp, Inc. (NASDAQ MLVF) remained flat at $22.00 during midday trading on Tuesday. 4,527 shares of the stock traded hands. The firm has a market cap of $141.59 million, a price-to-earnings ratio of 11.90 and a beta of 0.13. The company has a 50-day moving average price of $21.88 and a 200 day moving average price of $20.97. Malvern Bancorp, Inc. has a 12-month low of $15.00 and a 12-month high of $22.25.

Malvern Bancorp, Inc. (NASDAQ:MLVF) Director Andrew D. Fish purchased 750 shares of the stock in a transaction dated Thursday, May 25th. The stock was acquired at an average cost of $22.08 per share, for a total transaction of $16,560.00. Following the completion of the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $15,456. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Malvern Bancorp (NASDAQ:MLVF) last released its quarterly earnings data on Wednesday, April 26th. The savings and loans company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $6.53 million for the quarter. Malvern Bancorp had a net margin of 40.73% and a return on equity of 6.42%. On average, equities research analysts predict that Malvern Bancorp, Inc. will post $0.87 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. ClariVest Asset Management LLC raised its position in Malvern Bancorp by 5.0% in the first quarter. ClariVest Asset Management LLC now owns 5,759 shares of the savings and loans company’s stock valued at $122,000 after buying an additional 272 shares in the last quarter. Morgan Stanley raised its position in Malvern Bancorp by 51.9% in the first quarter. Morgan Stanley now owns 8,590 shares of the savings and loans company’s stock valued at $180,000 after buying an additional 2,934 shares in the last quarter. Renaissance Technologies LLC purchased a new position in Malvern Bancorp during the fourth quarter valued at $736,000. Dimensional Fund Advisors LP raised its position in Malvern Bancorp by 9.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 34,840 shares of the savings and loans company’s stock valued at $737,000 after buying an additional 3,108 shares in the last quarter. Finally, Emerald Advisers Inc. PA raised its position in Malvern Bancorp by 19.6% in the first quarter. Emerald Advisers Inc. PA now owns 40,943 shares of the savings and loans company’s stock valued at $862,000 after buying an additional 6,724 shares in the last quarter. Institutional investors own 52.85% of the company’s stock.

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