FB Bancorp, Inc.'s Quiet Period Will Expire on December 2nd (NASDAQ:FBLA)

FB Bancorp's (NASDAQ:FBLA - Get Free Report) quiet period is set to expire on Monday, December 2nd. FB Bancorp had issued 19,837,500 shares in its public offering on October 23rd. The total size of the offering was $198,375,000 based on an initial share price of $10.00. During FB Bancorp's quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

FB Bancorp Stock Up 0.2 %

FBLA stock traded up $0.02 during midday trading on Monday, reaching $12.22. 35,225 shares of the company's stock traded hands, compared to its average volume of 271,449. FB Bancorp has a fifty-two week low of $11.60 and a fifty-two week high of $12.71.

Insider Transactions at FB Bancorp

In other news, Director Gerard W. Barousse, Jr. bought 5,000 shares of FB Bancorp stock in a transaction dated Wednesday, November 20th. The shares were acquired at an average cost of $12.21 per share, with a total value of $61,050.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at approximately $61,050. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FB Bancorp Company Profile

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.