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Avidia Bancorp, Inc. (OTC:AVBC) President and CEO Robert D. Cozzone reported purchasing 6,840 shares of common stock on August 15, 2025. The shares were bought at a price of $14.6197, totaling $99,998. The purchase comes as the $293 million market cap bank trades near its 52-week high, with InvestingPro data indicating overbought conditions.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction increased Mr. Cozzone’s indirect holdings, which are held by 401(k), to 13,786 shares. Mr. Cozzone also directly owns 1,000 shares of Avidia Bancorp, Inc. While the stock typically exhibits low price volatility, InvestingPro analysis suggests current valuation exceeds Fair Value estimates. Discover 5 additional exclusive insights and detailed financial metrics with InvestingPro.
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