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Hada Tejraj S, a director at Greene County Bancorp (NASDAQ:ICBK) Inc. (NASDAQ:GCBC), has made significant stock purchases according to recent filings. On May 14 and May 15, Hada acquired a total of 7,000 shares of common stock at a price of $22.95 per share. The total value of these transactions amounts to $160,650. The purchase comes as the stock has fallen significantly, with InvestingPro data showing a 30.8% decline over the past six months. The regional bank, currently valued at $403 million, trades at a P/E ratio of 13.7. Following these acquisitions, Hada’s direct ownership increased to 22,706 shares. This move reflects continued confidence in the company’s prospects, particularly notable given the bank’s strong dividend history. InvestingPro analysis reveals the company has maintained dividend payments for 26 consecutive years, with 11 years of consecutive increases. Discover more insights and 6 additional ProTips about GCBC on InvestingPro.
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