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Nicolas Karmelek, Executive Vice President and CRO of Avidia Bancorp, Inc. (OTC:AVBC), recently purchased shares of the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, the transactions, both categorized as purchases, involved a total investment of $374620. The purchases come as the $288 million market cap company trades near InvestingPro’s Fair Value estimate, with notably low price volatility.
On August 5, 2025, Karmelek acquired 5,200 shares at a price of $14.35 per share. A day later, on August 6, 2025, he purchased 20,779 shares at $14.4377. These purchases were made in two tranches, with prices ranging from $14.35 to $14.4377 per share. InvestingPro analysis reveals the company currently faces profitability challenges, though it maintains a high shareholder yield. Following these transactions, Karmelek directly owns 5,395 shares and indirectly owns 21,137 shares through a 401(k).
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