Berkshire Hills Bancorp, Inc. (NYSE:BHLB), saw two insiders increase their positions with the company. Director William J. Ryan purchased 9,500 shares of common stock through numerous transactions with prices ranging from $23.69 to $23.87 per share; while Director Richard L. Murphy acquired 4,100 shares of common stock at an average price of $23.9799 per share.
After the completion of these transactions, Ryan now has 9,500 shares directly involved with the company, while Murphy has 4,100 shares directly, and 1,200 shares indirectly invested in the corporation. Berkshire Hills Bancorp, Inc. (NYSE:BHLB) is a $606.28 million market cap holding company for the Berkshire Bank (the Bank) and Berkshire Insurance Group (BIG). The Bank has 75 full-service banking offices serving communities throughout Western Massachusetts, Northeastern New York and in Southern Vermont.
In addition, the biggest hedge fund involvement with the company comes from Chuck Royce‘s Royce & Associates, who after reporting a 1% increase in its activity last quarter, now holds 548,792 shares worth about $14.2 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.