FB Bancorp, Inc.'s Lock-Up Period Will End on April 21st (NASDAQ:FBLA)

FB Bancorp's (NASDAQ:FBLA - Get Free Report) lock-up period is set to expire on Monday, April 21st. FB Bancorp had issued 19,837,500 shares in its initial public offering on October 23rd. The total size of the offering was $198,375,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

FB Bancorp Price Performance

NASDAQ:FBLA traded up $0.14 during trading hours on Friday, hitting $10.60. 81,002 shares of the company traded hands, compared to its average volume of 97,215. The stock's 50-day moving average price is $11.06. FB Bancorp has a twelve month low of $9.81 and a twelve month high of $12.74.

Hedge Funds Weigh In On FB Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC acquired a new stake in shares of FB Bancorp during the 4th quarter worth approximately $25,000. Cubist Systematic Strategies LLC bought a new position in FB Bancorp in the fourth quarter worth $57,000. Charles Schwab Investment Management Inc. acquired a new stake in FB Bancorp during the fourth quarter worth $119,000. Stilwell Value LLC bought a new stake in FB Bancorp in the 4th quarter valued at $238,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of FB Bancorp in the 4th quarter valued at $263,000.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.