A Director at Norwood Financial (NASDAQ: NWFL) is Selling Shares

By Carrie Williams

Today, a Director at Norwood Financial (NASDAQ: NWFL), Ralph Matergia, sold shares of NWFL for $26.85K.

This is Matergia’s first Sell trade following 3 Buy transactions. In addition to Ralph Matergia, 3 other NWFL executives reported Sell trades in the last month.

Based on Norwood Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $11.75 million and quarterly net profit of $2.94 million. In comparison, last year the company earned revenue of $9.93 million and had a net profit of $612K. The company has a one-year high of $35.72 and a one-year low of $21.23. NWFL’s market cap is $201.2M and the company has a P/E ratio of 19.48.

In the last 30 days, insiders have sold $343.1K worth of NWFL shares and purchased $15.63K worth of NWFL shares. The insider sentiment on Norwood Financial has been negative according to 38 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Norwood Financial Corp. is a bank holding company. Through its subsidiary, Wayne Bank, it offers a wide variety of personal and business credit services, trust, investment products and real estate settlement services to the consumers, businesses, non-profit organizations, and municipalities in each of the communities that the bank serves.