Unity Bancorp Inc. provides a range of business and consumer financial services to retail, corporate, and small business customers in New Jersey and Pennsylvania. The company was founded in 1991 and is based in Clinton, New Jersey.
In this article you are going to find out whether hedge funds think Unity Bancorp, Inc. (NASDAQ:UNTY) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
Unity Bancorp, Inc. (UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets. “We are honored to be the top ranked community bank in New Jersey on the American Banker list as it illustrates Unity’s continued financial strength and performance,” said Unity Bank President & CEO James A. Hughes.
Are we moving towards a full market recovery? The waters are still murky, and thus, the trajectory of stocks remains somewhat unclear. Therefore, the pros on Wall Street suggest selecting an investing strategy that regardless of the broader market’s movements, will yield returns. One such approach involves following those on the inside.These insiders are a company’s board members and corporate officers who are held accountable to shareholders. Given the nature of their roles within a company, they know the ins and outs of the business, and have access to information that could spur share price movements before the general public. To make it fair for everyday investors, corporate insiders have to disclose any purchases or sales. There could be several reasons to sell shares, but there’s ...