Sandy Spring Bancorp Inc (NASDAQ:SASR) Just Reported Decreased Shorts

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Logo

Investors sentiment increased to 1.6 in Q4 2018. Its up 0.71, from 0.89 in 2018Q3. It increased, as 12 investors sold Sandy Spring Bancorp, Inc. shares while 36 reduced holdings. 22 funds opened positions while 55 raised stakes. 23.59 million shares or 0.93% less from 23.81 million shares in 2018Q3 were reported.
Penn Cap Mgmt Com holds 137,379 shares or 0.43% of its portfolio. Principal Incorporated has 333,259 shares for 0.01% of their portfolio. Chevy Chase Tru Incorporated invested in 0% or 23,973 shares. Citadel Advisors Ltd Co has 103,522 shares. Toth Fincl Advisory accumulated 4,940 shares. Moreover, Renaissance Technology Ltd Liability has 0.03% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Grace White Ny has 54,023 shares. Moreover, Pinnacle Associates Ltd has 0.11% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Moreover, Invesco has 0% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Massachusetts Finance Services Ma owns 397,775 shares for 0.01% of their portfolio. Ameritas Invest Ptnrs Inc stated it has 0% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Voya Invest Management Lc has invested 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Banc Funds Limited Liability Corporation invested 1.96% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Moreover, M&T National Bank & Trust Corporation has 0% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). 21,376 are owned by Maryland Management.

Since January 22, 2019, it had 5 insider purchases, and 0 selling transactions for $125,925 activity. REEDER JOE bought 867 shares worth $29,972. On Tuesday, January 22 Stephenson Mona Abutaleb bought $20,081 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) or 630 shares. Michael Mark C bought $12,323 worth of stock. Friis Mark E had bought 1,000 shares worth $31,860 on Tuesday, January 22.

The stock of Sandy Spring Bancorp Inc (NASDAQ:SASR) registered a decrease of 2.86% in short interest. SASR’s total short interest was 414,100 shares in May as published by FINRA. Its down 2.86% from 426,300 shares, reported previously. With 119,800 shares average volume, it will take short sellers 4 days to cover their SASR’s short positions.

The stock decreased 0.09% or $0.03 during the last trading session, reaching $34.65. About 40,226 shares traded. Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has declined 10.26% since May 8, 2018 and is downtrending. It has underperformed by 14.63% the S&P500.

Sandy Spring Bancorp, Inc. operates as the bank holding firm for Sandy Spring Bank that provides commercial and retail banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D. The company has market cap of $1.23 billion. C. markets. It has a 11.32 P/E ratio. It operates through three divisions: Community Banking, Insurance, and Investment Management.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Ratings Coverage

Among 2 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Sandy Spring Bancorp had 4 analyst reports since November 19, 2018 according to SRatingsIntel. The firm has “Outperform” rating by Boenning \u0026 Scattergood given on Monday, November 19. The rating was downgraded by Wood on Friday, January 18 to “Market Perform”.

More notable recent Sandy Spring Bancorp, Inc. (NASDAQ:SASR) news were published by: Nasdaq.com which released: “Bullish Two Hundred Day Moving Average Cross – SASR – Nasdaq” on May 03, 2019, also Nasdaq.com with their article: “VOX, CHTR, TMUS, ATVI: ETF Inflow Alert – Nasdaq” published on May 03, 2019, Bizjournals.com published: “Sandy Spring Bank reviews branch closing in first quarter earnings call – Washington Business Journal – Baltimore Business Journal” on April 17, 2014. More interesting news about Sandy Spring Bancorp, Inc. (NASDAQ:SASR) were released by: Seekingalpha.com and their article: “Fulton Financial Still Floundering – Seeking Alpha” published on July 19, 2018 as well as Bizjournals.com‘s news article titled: “Capital One, EagleBank gain market share in annual FDIC report – Washington Business Journal” with publication date: September 30, 2016.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Institutional Positions Chart

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