NB Bancorp, Inc. (NASDAQ:NBBK) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. decreased its stake in NB Bancorp, Inc. (NASDAQ:NBBK - Free Report) by 53.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 182,250 shares of the company's stock after selling 206,275 shares during the quarter. Alliancebernstein L.P. owned approximately 0.43% of NB Bancorp worth $3,291,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of NBBK. State Street Corp boosted its holdings in NB Bancorp by 16.5% in the 3rd quarter. State Street Corp now owns 994,380 shares of the company's stock worth $18,456,000 after buying an additional 140,960 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of NB Bancorp in the third quarter worth approximately $952,000. Barclays PLC increased its position in shares of NB Bancorp by 73.0% during the third quarter. Barclays PLC now owns 81,114 shares of the company's stock worth $1,506,000 after purchasing an additional 34,235 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of NB Bancorp by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 885,243 shares of the company's stock valued at $16,433,000 after acquiring an additional 16,270 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in NB Bancorp by 44.4% during the fourth quarter. Rhumbline Advisers now owns 77,677 shares of the company's stock worth $1,403,000 after purchasing an additional 23,870 shares during the period.

NB Bancorp Trading Up 0.3 %

Shares of NBBK stock traded up $0.05 during trading on Friday, hitting $16.41. 216,038 shares of the stock traded hands, compared to its average volume of 267,523. NB Bancorp, Inc. has a 52-week low of $13.41 and a 52-week high of $21.05. The firm has a market capitalization of $686.64 million, a P/E ratio of 15.34 and a beta of 0.50. The firm's fifty day moving average price is $18.04 and its 200-day moving average price is $18.62. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.10 and a quick ratio of 1.10.

NB Bancorp (NASDAQ:NBBK - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. NB Bancorp had a return on equity of 6.04% and a net margin of 13.86%. As a group, research analysts forecast that NB Bancorp, Inc. will post 1.39 earnings per share for the current fiscal year.

Insider Buying and Selling at NB Bancorp

In other news, CEO Joseph P. Campanelli purchased 2,000 shares of the stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of $17.75 per share, for a total transaction of $35,500.00. Following the completion of the transaction, the chief executive officer now directly owns 55,000 shares in the company, valued at approximately $976,250. This represents a 3.77 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Hope Pascucci acquired 40,000 shares of the company's stock in a transaction dated Friday, January 24th. The stock was purchased at an average cost of $18.53 per share, with a total value of $741,200.00. Following the completion of the purchase, the director now directly owns 40,075 shares of the company's stock, valued at approximately $742,589.75. This represents a 53,333.33 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 43,400 shares of company stock worth $803,035 over the last three months. Insiders own 1.90% of the company's stock.

NB Bancorp Company Profile

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.