Meridian Bancorp Inc. (EBSB)’s F Richard Fernandez buys 2,000 shares

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Meridian Bancorp, Inc. (NASDAQ:EBSB)’s Director, F Richard Fernandez bought through two different open market transactions 2,000 shares of Common Stock. He purchased directly 1,000 shares at a price of $10.83 each on August 14th, for a total value of $10,830. The extra 1,000 were bought indirectly on August 27th at a price of $10.68 each, for a total value of $10,680. Following the filling, Mr. Fernandez owns 30,380 shares directly, and 7,121 shares indirectly by his spouse and 34,793 by the IRA.

Last month, other two insiders decided to increase their participation in the Massachusetts corporation & holding company that offers deposit and loan products to individuals and businesses. J Richard Gavegnano, Chairman, President and Chief Executive Officer at Meridian Bancorp, Inc. (NASDAQ:EBSB) bought 671 shares last July 30th and owns a total of 377,016 shares. Also,  J James Sartori, Director at the firm, bought on last July 30th 3,000 shares and owns 22,303 shares.

Unfortunately, no hedge funds of record have taken a stake in this $579.8 million market cap firm.

Disclosure: Pamela Gaviño holds no position in any of the stocks and funds mentioned.

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