Chain Bridge Bancorp (NYSE:CBNA) Research Coverage Started at Raymond James

Raymond James began coverage on shares of Chain Bridge Bancorp (NYSE:CBNA) in a research note issued to investors on Tuesday, Marketbeat.com reports. The brokerage issued a strong-buy rating and a $29.00 price objective on the stock.

Chain Bridge Bancorp Price Performance

NYSE:CBNA opened at $22.30 on Tuesday. Chain Bridge Bancorp has a 12 month low of $20.10 and a 12 month high of $22.80.

Insider Activity at Chain Bridge Bancorp

In other news, insider James R. Pollock bought 3,131 shares of the company’s stock in a transaction on Thursday, October 3rd. The shares were acquired at an average cost of $22.00 per share, with a total value of $68,882.00. Following the completion of the transaction, the insider now owns 3,131 shares of the company’s stock, valued at approximately $68,882. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO John J. Brough acquired 1,252 shares of Chain Bridge Bancorp stock in a transaction dated Thursday, October 3rd. The stock was purchased at an average cost of $22.00 per share, for a total transaction of $27,544.00. Following 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 filing with the SEC, which is accessible through this link. Also, insider James R. Pollock bought 3,131 shares of the firm’s stock in a transaction that occurred on 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 completion of the acquisition, the insider now owns 3,131 shares in the company, valued at $68,882. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 6,943 shares of company stock worth $152,746.

About Chain Bridge Bancorp

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.