Alliancebernstein L.P. lessened its stake in ECB Bancorp, Inc. (NASDAQ:ECBK - Free Report) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 879,098 shares of the company's stock after selling 27,865 shares during the quarter. Alliancebernstein L.P. owned 9.64% of ECB Bancorp worth $13,046,000 as of its most recent filing with the SEC.
Insider Buying and Selling
In related news, CFO Brandon Lavertu acquired 1,828 shares of the business's stock in a transaction on Monday, February 24th. The shares were bought at an average price of $14.45 per share, with a total value of $26,414.60. Following the completion of the acquisition, the chief financial officer now owns 32,383 shares in the company, valued at $467,934.35. This trade represents a 5.98 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.00% of the stock is owned by company insiders.
ECB Bancorp Stock Up 1.0 %
Shares of ECB Bancorp stock traded up $0.15 during trading on Tuesday, hitting $14.90. 5,065 shares of the stock were exchanged, compared to its average volume of 8,801. The stock has a market cap of $134.95 million, a price-to-earnings ratio of 31.70 and a beta of 0.58. The firm's 50-day moving average price is $14.81 and its 200 day moving average price is $14.73. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.31 and a quick ratio of 1.31. ECB Bancorp, Inc. has a 12-month low of $11.39 and a 12-month high of $15.75.
ECB Bancorp (NASDAQ:ECBK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter. ECB Bancorp had a return on equity of 2.40% and a net margin of 5.85%.
ECB Bancorp Company Profile
(
Free Report)
ECB Bancorp, Inc operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts.
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