SR Bancorp, Inc. (NASDAQ:SRBK - Get Free Report) CEO William P. Taylor purchased 1,500 shares of the firm's stock in a transaction on Monday, February 10th. The stock was acquired at an average cost of $12.47 per share, for a total transaction of $18,705.00. Following the completion of the purchase, the chief executive officer now owns 68,838 shares in the company, valued at $858,409.86. The trade was a 2.23 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
SR Bancorp Trading Down 0.1 %
SRBK traded down $0.01 on Friday, reaching $12.37. 11,525 shares of the company's stock were exchanged, compared to its average volume of 24,804. The company's 50 day moving average is $12.09 and its 200-day moving average is $11.13. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.00 and a current ratio of 1.00. SR Bancorp, Inc. has a twelve month low of $8.94 and a twelve month high of $12.76. The company has a market cap of $116.77 million, a price-to-earnings ratio of 207.20 and a beta of 0.84.
SR Bancorp (NASDAQ:SRBK - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.12 EPS for the quarter. SR Bancorp had a net margin of 0.95% and a return on equity of 0.21%.
Institutional Investors Weigh In On SR Bancorp
Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC grew its stake in shares of SR Bancorp by 30.7% in the third quarter. Geode Capital Management LLC now owns 93,372 shares of the company's stock worth $1,041,000 after purchasing an additional 21,930 shares in the last quarter. Fourthstone LLC acquired a new position in shares of SR Bancorp in the third quarter worth $756,000. Finally, Arcus Capital Partners LLC acquired a new position in SR Bancorp in the 3rd quarter valued at $276,000. 24.70% of the stock is currently owned by institutional investors.
SR Bancorp Company Profile
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SR Bancorp, Inc operates as the holding company for Somerset Regal Bank that provides customary retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Somerset, Middlesex, Hunterdon, and Essex counties in New Jersey. It offers deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit.
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