Ernst W. Bruderer, a director of CoastalSouth Bancshares, Inc., sold 2,000 common shares of the company on August 26 for a total of $55,003 at a weighted average price of $27.5018 per share.
The disposal reduces Bruderer’s direct holdings in CoastalSouth Bancshares to 43,131 shares. The transaction was disclosed in a regulatory filing dated August 26 and reported on August 27.
CoastalSouth Bancshares, which trades under the ticker COSO on the NASDAQ, has delivered an 18% year-to-date return and a 27% gain over the trailing twelve months. The company’s shares are currently viewed as undervalued, with InvestingPro analysis indicating potential upside based on fair-value assessments.
