Charles G. Lane Buys 2,000 Shares of Bank of SC Co. (BKSC) Stock

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Bank of SC Co. (NASDAQ:BKSC) Director Charles G. Lane bought 2,000 shares of the company’s stock in a transaction that occurred on Thursday, December 6th. The shares were purchased at an average price of $18.75 per share, with a total value of $37,500.00. Following the transaction, the director now directly owns 162,862 shares in the company, valued at $3,053,662.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Bank of SC stock opened at $18.90 on Friday. Bank of SC Co. has a 12-month low of $18.00 and a 12-month high of $23.00. The stock has a market cap of $101.95 million, a P/E ratio of 17.20 and a beta of -0.14.

Bank of SC (NASDAQ:BKSC) last issued its quarterly earnings data on Thursday, October 11th. The bank reported $0.32 EPS for the quarter. Bank of SC had a net margin of 30.23% and a return on equity of 13.88%.

A hedge fund recently raised its stake in Bank of SC stock. Brown Advisory Inc. boosted its stake in shares of Bank of SC Co. (NASDAQ:BKSC) by 9.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 254,921 shares of the bank’s stock after acquiring an additional 21,588 shares during the quarter. Brown Advisory Inc. owned approximately 4.64% of Bank of SC worth $5,277,000 as of its most recent SEC filing. 11.61% of the stock is currently owned by institutional investors and hedge funds.

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About Bank of SC

Bank of South Carolina Corporation operates as the holding company for The Bank of South Carolina that provides commercial banking services to individuals, professionals, and small and middle market businesses in South Carolina. The company offers a range of deposit products, including non-interest bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.

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