Chain Bridge Bancorp (NYSE:CBNA) Now Covered by Piper Sandler

Piper Sandler began coverage on shares of Chain Bridge Bancorp (NYSE:CBNA) in a research report sent to investors on Tuesday, Marketbeat reports. The firm issued an overweight rating and a $27.00 price target on the stock.

Separately, Raymond James began coverage on shares of Chain Bridge Bancorp in a report on Tuesday. They issued a “strong-buy” rating and a $29.00 price objective on the stock.

Chain Bridge Bancorp Stock Down 0.9 %

Shares of NYSE CBNA opened at $22.10 on Tuesday. Chain Bridge Bancorp has a 1-year low of $20.10 and a 1-year high of $22.80.

Insider Transactions at Chain Bridge Bancorp

In other Chain Bridge Bancorp news, insider James R. Pollock bought 3,131 shares of Chain Bridge Bancorp stock in a transaction dated Thursday, October 3rd. The stock was bought at an average cost of $22.00 per share, for a total transaction of $68,882.00. Following the purchase, the insider now owns 3,131 shares of the company’s stock, valued at $68,882. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Chain Bridge Bancorp news, CEO John J. Brough bought 1,252 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The stock was acquired at an average price of $22.00 per share, with a total value of $27,544.00. Following the completion of the purchase, the chief executive officer now directly owns 1,252 shares of the company’s stock, valued at approximately $27,544. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, insider James R. Pollock acquired 3,131 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The shares were purchased at an average price of $22.00 per share, with a total value of $68,882.00. Following the acquisition, the insider now owns 3,131 shares of the company’s stock, valued at approximately $68,882. The disclosure for this purchase can be found here. Insiders bought 6,943 shares of company stock valued at $152,746 over the last three months.

Chain Bridge Bancorp Company Profile

Chain Bridge Bancorp, Inc operates as a Delaware-chartered bank holding company for Chain Bridge Bank, National Association that provides commercial and personal banking, and trust services in the United States. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts.