New insider activity at Blue Foundry ( (BLFY) ) has taken place on August 4, 2025.
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In recent transactions involving Blue Foundry stock, EVP and Chief Technology Officer Aleksander Malkiman made a significant investment by purchasing 4,000 shares valued at $33,940. Additionally, Director Patrick H. Kinzler acquired 2,500 shares, amounting to a purchase worth $21,017. These strategic acquisitions by key executives highlight their confidence in the company’s potential.
Recent Updates on BLFY stock
In the recent earnings call, Blue Foundry Bancorp reported a net loss of $2 million for Q2, an improvement from the previous quarter’s loss. Despite the loss, the company showcased positive developments such as a 4% growth in core deposits, a 12 basis point expansion in net interest margin, and a 3% growth in loans. The diversification of the loan portfolio, particularly in commercial and industrial loans, and the repurchase of shares at a discount to tangible book value were highlighted as strategic moves to enhance financial stability and shareholder value. The company’s strong capital position, with a tangible equity to tangible common assets ratio of 15.1%, supports its growth ambitions. However, challenges remain with a slight increase in nonperforming assets. Looking forward, Blue Foundry aims to continue its growth trajectory by focusing on portfolio diversification and strategic client engagement.
Spark’s Take on BLFY Stock
According to Spark, TipRanks’ AI Analyst, BLFY is a Neutral.
Blue Foundry’s overall stock score is primarily impacted by its mixed financial performance, with concerns around profitability and operational efficiency. Technical analysis further signals bearish trends, while valuation metrics highlight challenges with a negative P/E ratio. On the positive side, recent earnings call and corporate events show strategic progress and shareholder value initiatives, tempering some risks.
To see Spark’s full report on BLFY stock, click here.
More about Blue Foundry
YTD Price Performance: -11.50%
Average Trading Volume: 54,401
Technical Sentiment Signal: Sell
Current Market Cap: $182.2M