Avidia Bancorp chairman Michael Murphy buys $110,600 in stock
Avidia Bancorp (NASDAQ: AVBC) Chairman Michael Murphy bought 5,000 shares at $22.12 each, totaling $110,600. The stock has risen 40% in the past year, trading near its 52-week high. Murphy now indirectly owns 6,850 shares, with additional holdings through an LLC and his spouse's IRA. The company is profitable with expected net income growth. Recent shareholder meetings elected directors and approved the 2026 Equity Incentive Plan.