Unity Bancorp (UNTY) Director Maricondo Sells $26K of Stock

Inside Peter E Maricondo's Unity Bancorp Trade

Unity Bancorp, Inc. director Peter E Maricondo sold 470 shares of the company on October 20, 2026. According to a Form 4 filed with the Securities and Exchange Commission, the transaction was executed at an average price of $56.24 per share for a total value of $26,435.57. Following the sale, he holds 49,943 shares of the bank, which represents a 0.93% reduction in his holdings.

UNTY Unity Bancorp, Inc.

$57.42 ▲ +13.43% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in Unity Bancorp

Banc Funds Co LLC trimmed its holdings by 4,994 shares, ending with 370,469 shares worth about $21,274,182. Alliancebernstein L.P. reduced its stake by 2,147 shares to finish with 361,720 shares valued at approximately $20,771,770. American Century Companies Inc grew its position by 35,785 shares, holding 265,764 shares worth roughly $15,261,497. Pacific Ridge Capital Partners, LLC lowered its holdings by 1,223 shares, leaving it with 157,618 shares valued at about $9,051,213.

Unity Bancorp, Inc. Stock Down 0.7%

Unity Bancorp shares closed at $56.36 on October 20, 2026, and recently traded around $56.17 as of October 22, 2026. The stock sits below its 50-day moving average of $57.68 and above its 200-day moving average of $55.31. The company has a market capitalization of roughly $578.15 million and a price-to-earnings ratio of 9.51.

Recent Earnings

Unity Bancorp reported trailing twelve-month revenue of $133.75 million and earnings of $6.04 per share. The regional bank generated a net profit margin of 46.1% and a return on equity of 17.1%. Its next quarterly financial update is scheduled for release on January 12, 2027.

Dividend

The company pays an annual dividend rate of $0.68 per share, giving it a dividend yield of 1.2%. The payout ratio stands at 10.8% of earnings.

Insider Buying and Selling at Unity Bancorp, Inc.

Insiders have executed several transactions over the past year. Robert H Dallas II sold 14,813 shares on March 13, 2026, for $735,434. Mary E Gross sold 2,075 shares on April 17, 2026, at an average price of $56.01, totaling $116,221. Mark S Brody sold 1,600 shares on May 27, 2026, at an average price of $55.24 for a total of $88,376. George Boyan sold 7,349 shares on September 3, 2026, valued at $434,737.

Analysts Set New Price Targets

Pipier Sandler maintained its overweight rating on June 26, 2026, raising its price target from $65.00 to $68.00. DA Davidson maintained a buy rating on July 15, September 11, and October 13, 2026, with a consistent price target of $68.00. Wall Street analysts give the stock a consensus strong buy rating with a mean price target of $68.60 across five analyst opinions.

About Unity Bancorp

Unity Bancorp operates as the bank holding company for Unity Bank, providing a wide array of retail and commercial banking services to individuals and businesses. The institution offers traditional checking, savings, and money market accounts alongside commercial loans, mortgages, and small business administration financing from its headquarters in Clinton, New Jersey.

Bottom Line

Insider sales by directors often reflect personal portfolio management rather than a directional shift in business operations. Investors will watch the bank's next earnings report on January 12, 2027, for continued updates on loan growth and net interest margins.