SR Bancorp, Inc. (NASDAQ:SRBK - Get Free Report) SVP James Castelletti purchased 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The stock was bought at an average price of $12.34 per share, with a total value of $12,340.00. Following the transaction, the senior vice president now directly owns 1,000 shares in the company, valued at $12,340. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
SR Bancorp Trading Up 1.3 %
Shares of SRBK stock traded up $0.16 during trading hours on Friday, reaching $12.17. 18,362 shares of the stock traded hands, compared to its average volume of 25,111. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $114.91 million, a PE ratio of 101.43 and a beta of 1.07. SR Bancorp, Inc. has a 1-year low of $8.94 and a 1-year high of $12.46. The business has a fifty day moving average price of $11.31 and a 200 day moving average price of $10.36.
Hedge Funds Weigh In On SR Bancorp
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arcus Capital Partners LLC acquired a new stake in shares of SR Bancorp in the third quarter worth $276,000. Fourthstone LLC acquired a new position in SR Bancorp during the third quarter valued at $756,000. Finally, Geode Capital Management LLC boosted its position in SR Bancorp by 30.7% during the 3rd quarter. Geode Capital Management LLC now owns 93,372 shares of the company's stock worth $1,041,000 after acquiring an additional 21,930 shares during the period. 24.70% of the stock is currently owned by hedge funds and other institutional investors.
About SR Bancorp
(
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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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