Seidman Lawrence B is Buying HV Bancorp Inc. (NASDAQ:HVBC) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), HV Bancorp Inc. (NASDAQ:HVBC) reported that Seidman Lawrence B has picked up 14,711 of common stock as of 2017-03-22.

The acquisition brings the aggregate amount owned by Seidman Lawrence B to a total of 14,711 representing a 0.67% stake in the company.

For those not familiar with the company, HV Bancorp, Inc. is the holding company for Huntingdon Valley Bank (the Bank). The Bank provides residential and commercial loans to its general service area (Montgomery, Bucks and Philadelphia Counties of Pennsylvania). It offers a range of savings, checking and certificate of deposit accounts to its retail and business customers. Its principal business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, primarily in one- to four-family residential mortgage loans, commercial real estate loans (including multi-family loans), home equity loans and home equity lines of credit, and construction loans. It offers various services, such as online banking, mobile banking, bill pay, consumer information, student banking, school savings, debit cards, telephone banking, automated teller machines, safe deposit boxes, cash management, merchant services and payroll services.

A glance at HV Bancorp Inc. (NASDAQ:HVBC)’s key stats reveals a current market capitalization of 30.05 Million based on 2.18 Million shares outstanding and a price at last close of $14.00 per share.

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

Specifically, on 2017-03-16, Jacobsen picked up 824 at a purchase price of $14.40. This brings their total holding to 6,300 as of the date of the filing.

On the sell side, the most recent transaction saw Bain unload 1,800,000 shares at a sale price of $54.14. This brings their total holding to 4,283,840.

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 HV Bancorp Inc. (NASDAQ:HVBC) as things move forward to see if its progress aligns with these transactions.

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