Smart Money Recently Increased Its Stake in This Bank Stock [The Motley Fool]
Investors Bancorp, Inc. (ISBC)
Last investors bancorp, inc. earnings: 4/29 05:40 pm
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US:NASDAQ Investor Relations:
myinvestorsbank.com/investor-relations
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Source: The Motley Fool
Bram Berkowitz(TMFBram)Author BioBram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group.Follow @BramBerkoTwo prominent investors bought more shares ofInvestors BancorpNASDAQ:ISBCAccording to F reports filed with the Securities and Exchange Commission, EJF Capital increased its stake in Investors Bancorp from 0,000 shares as of March to 00,000 shares as of June 0, a 66% increase. Seidman is a longtime bank investor who will frequently buy a large stake in a public bank and join its board. Seidman increased his position in the roughly $7 billion asset bank from ,000 shares to more than 7,000, representing a 60% increase.Following the smart money is a popular investment strategy. EJF Capital was recently down about 0% on the year, according toThe Wall Street Journal.Image source: Investors Bancorp.Meet Investors BancorpInvestors Bancorp operat
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